Italy Q1 GDP qq WDA flash +0.3% vs +0.3% exp

Provisional Italian Q1 GDP data now out 13 May 2016

• +0.2% prev revised up from +0.1%
• yy WDA +1.0% vs +0.9% exp vs +1.1% prev revised up from +1.0%

Better revisions but tempered by yy reading less than previous.

EURUSD nudging back up to 1.1343 after holding 1.1330 but EURGBP down to 0.7872 as cable heads back up to 1.4410