Italy industrial orders May mm -2.8% vs +0.9% prev

Italy industrial orders May report 22 July 2016

• prev revised down from +1.0%
• yy NSA -4.2% vs -11.3% prev
• industrial sales mm -1.1% vs +2.1% prev
• yy WDA -2.7% vs +0.1% prev

Softer reading but not a price mover in its own right.

EURUSD 1.1030 getting a lift from EURJPY, and EURAUD demand but facing EURGBP sellers.