ForexLive European morning wrap: Confusion rules as markets get flicked around on Ukraine news via ForexLive

Forex trading headlines from the European morning session 28 Aug

News:

• Ukraine's OSCE envoy says Novoazovsk and other cities nearby have been seized by regular Russian forces
• Hold the front page, someone got their translation wrong!
• Poroshenko declares that Russian military invasion has now taken place
• Putin advisor says Russia's action in Ukraine is invasion
• Pro-Russian forces have taken control of Novoazovsk
• British Chamber of Commerce raises GDP forecasts
• BOE says FLS Q2 net lending to businesses fell by GBP3.9 bln
• France's Hollande says euro too strong and inflation too low
• Spanish inflation could remain in negative territory in coming months but will end the year higher

Data:

• German unemployment change Aug SA +1k vs -5k exp
• Spanish Q2 GDP final q/q +0.6% as exp/prev
• Spanish HICP Aug flash y/y -0.5% vs -0.6% exp
• Eurozone M3 money supply annual growth July +1.8% vs +1.5% exp
• Eurozone business climate Aug +0.16 vs +0.1 exp
• UK CBI distributive trades survey Aug +37 vs +27 exp
• Italian retail sales June m/m SA 0.0% vs -0.6% prev
• Italian business confidence Aug 95.7 vs 99.3 exp
• Saxony CPI Aug m/m 0.0% vs +0.4% prev
• Hesse CPI Aug m/m 0.0% vs +0.1% prev
• North Rhine Westphalia CPI m/m +0.1% vs +0.2% exp
• Swiss non-farm payrolls Q2 4.196 mln vs 4.207 mln exp
• Nikkei closes down 0.48% at 15,459.86

There's your headlines.. If I get chance to write a summary it'll be a berleedin' miracle!

posted via ForexLive