Major overnight headlines:
• UK industrial production down 2.3% YoY in May, April revised down, GBP slumps modestly on UK data
• Chinese headline CPI rises 2.7% YoY versus a rise of 2.5% expected
• Global equity indices broadly positive overnight and in London on better Chinese data, supportive ECB comments
• New Zealand house prices rise 7.6% YoY in June, fastest pace since February 2008
• UK RICS House Price Balance at 21% in June versus 8% expected, highest since early 2010
Read the full report: FX Daily
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