The euro is slightly stronger against the pound and is trading around similar levels to yesterday against the dollar.

Industrial production figures for the eurozone rose by 9.7% year-on-year in June, missing market expectations of 10.4%.

Inflation figures for both France and Spain were released this morning. Consumer prices fell in France year-on-year but rose in Spain.

Later this morning we will see balance of trade figures for the eurozone. A surplus of €18.2billion is expected, up from €7.5billion in May.

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