Eurozone Sept CPI estimate yy 1.5% vs 1.6% exp

Eurozone Sept CPI data out a short while ago

  • 1.5% prev
  • Core yy advance 1.1% vs 1.2% exp/prev

A surprise drop, or not as the case ,maybe given ECB recent reservations about lack of inflation growth.

Apologies to all our readers for late delivery. Power failure here in the general area. Grrrrrr.

Back up n running now but I know you all have access to data calendars anyhow and much faster than me !

EURUSD dropped to 1.1778 from 1.1800 on the news but dip demand noted again.

EURGBP forging higher to post 0.8830 after taking out decent sell interest/res between 0.8815-25. GBPUSD down to 1.3357 session lows as the weaker final UK GDP data fallout continues.

                                                              EZ CPI yy

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