Germany June PPI mm +0.4% vs +0.2% exp

Germany June PPI report 20 July

• +0.4% prev
• yy -2.2% vs -2.4% exp vs -2.7% prev

Stronger producer prices will be welcome news for the ECB as we wait on their latest decision tomorrow.

EURUSD a tad lower at 1.1015 on general USD demand.