French May consumer spending -0.8% m/m

Demonstrably weaker than median forecast of +0.9%. April data revised upward, to -1.4% from previous -1.8%.

Producer prices for May -0.5% m/m, also weaker than median forecast of +0.3%.

EUR/USD off to a slow start, so far little affected by some weak European data, presently at 1.4493.

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