EU HICP September inflation revised down- DAX extends gains to above 19,600.

The final revision to the EU HICP September inflation report has just been released and it has been revised slightly lower, to 1.7% from 1.8%. The monthly reading has been revised lower by the same 0.1% margin too. The reaction in the markets has kept the EUR/USD right on session lows around 1.0850. The DAX has pushed above the 19,600 mark too, but it was edging above that level before this revision was known. The CAC 40 has continued to extend its recovery and now lifting to session highs around 7,585. So, now that the DAX has reclaimed the 19,600 handle it is back within clear striking distance of setting a new all time high, above the existing high, at 19,633. The index is currently trading at 19,605