Latest Italian industrial data report 25 May 2016
– yy NSA +0.1% vs +3.8% prev
– industrial sales mm -1.6% vs +0.1% prev
– yy WDA -3.6% vs -0.2%
Not good and helping to keep the euro on the back foot with EURGBP a prime mover again and testing 0.7600 support pushing GBPUSD up through 1.4650.