Latest data released by the National Statistics Institute - 28 September 2018

  • GDP +2.5% vs +2.7% y/y prelim

Slightly softer annual growth compared to initial estimates and that's not particularly welcome news in a time when euro sentiment is a little soft. EUR/USD trades at the lows for the day now at 1.1624 while EUR/GBP is also near the lows at 0.8892.