Latest Spanish industrial output figures released - 6 April 2018

  • Prior m/m -2.6%; revised to -2.9%
  • Industrial output y/y +3.1% vs +3.0% expected
  • Prior y/y +1.2%; revised to +0.7%

More or less within expectations, but a downward revision to prior figures. A minor report, but one that feeds into overall Eurozone sentiment like the others.

Nothing much to glean on from the report here though.

EUR/USD near the lows at 1.2231. EUR/GBP at 0.8741 sitting in a narrow range. EUR/CHF at 1.1785 also in a narrow range.