Spanish inflation data just out

  • +0.5% prev
  • yy +0.1% as exp/flash vs -0.2% prev
  • HICP mm +0.2% as exp/flash vs +0.4% prev
  • yy 0.0% as exp/flash vs -0.3% prev
  • core CPI yy +0.6% vs +0.5% prev

Nothing much to shake a stick at here

EURUSD 1.0978 EURGBP up to 0.7102 as GBPUSD drifts lower to 1.5454 ahead of UK CPI due at 08.30 GMT