Interesting Pound Cross, while EU Area data mixed

Stuart Cowell HFM

Interesting Pound Cross, while EU Area data mixed - Eurozone Q3 GDP was confirmed at 0.6% q/q as expected and down from 0.7% q/q in the previous quarter. Spanish house price inflation accelerated to 6.7% y/y in the third quarter of the year, the highest annual rate since 2007. German industrial production unexpectedly dropped -1.4% m/m in October and while September was revised up to -0.9% m/m from -1.6% m/m reported initially, it still leaves production down for a second consecutive month.

Author

Stuart Cowell

HFM

With over 25 years experience working for a host of globally recognized organisations in the City of London, Stuart Cowell is a passionate advocate of keeping things simple, doing what is probable and understanding how the news, c

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