Eurozone retail sales June mm 0.0% as expected

Eurozone retail sales June report 3 Aug 2016

  • +0.4% prev
  • yy +1.6% vs +1.8% exp vs +1.6% prev

Nothing to glean from this data but it still shows a very sluggish demand in the high street.

EURGBP has broken down through 0.8400 to post 0.8386 as GBP catches a bid on a relief rally after no nasty shocks in the final UK July PMI readings.

Cable challenging o/n highs of 1.3363 but running into fresh supply as I type.

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