Eurozone PPI April mm -0.3% vs +0.1% exp

Eurozone PPI April data just out 2 June 2016

• +0.3% prev
• yy -4.4% vs -4.1% exp vs -4.1% prev revised up from -4.2%

More soft inflation data for the ECB to chew over today.

EURUSD still pinned down ahead of Draghi & Co