So the Eurozone PPI had a 1.2% MoM increase in june vs. 0.9% expected. I guess that would make Trichet even more hawkish come ECB rate decision time eh? I guess not, since the euro sold off in response to this upside surprise. I mean wtf? All I can come up with the euro was overshot before the announcement or eurozone PPI just doesn't mean jack s&#$. Anyone care to explain this one to me? Thanks.