Germany: Producer Price Index grows 0.1% in December

FXstreet.com (Barcelona) - German PPI increased 0.1% in December, following a 0.1% decline in November, according to data released today by Destatis. Analysts expected the indicator to remain unchanged.

On an annual basis PPI fell 0.5% in December, after dropping 0.8% in November and above expectations of -0.7%.

New Zealand December REINZ House Price Index (MoM): -1% vs 1.2% (November)

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Flash: GBP/USD in consolidation range? - UOB Group

UOB Group Strategists feel that GBP/USD is likely in a 1.6300 to 1.6520 consolidation range.
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