Interesting Pound Cross,Eurozone data mixed

Interesting Pound Cross, while EU Area data mixed-  Eurozone Q3 GDP was confirmed at 0.6% q/q as expected and down from 0.7% q/q in the previous quarter. Spanish house price inflation accelerated to 6.7% y/y in the third quarter of the year, the highest annual rate since 2007.  German industrial production unexpectedly dropped -1.4% m/m in October and while September was revised up to -0.9% m/m from -1.6% m/m reported initially, it still leaves production down for a second consecutive month.

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Stuart Cowell

Senior Market Analyst


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