Data out just now. Good news for Spain again

  • yy -0.4% vs -0.1% prev
  • HICP mm -0.4% vs -0.1% exp vs -1.5% prev
  • yy -0.5% vs -0.3% exp vs 0.0% prev

YY HICP not such a positive inflation story though

EURUSD a tad higher at 1.1273 but unrelated

  • Retail sales July yy +4.2% vs +3.85 prev
  • yy sa +4.15 vs +2.3% prev