German trade balance March sa EUR +14.8 bln vs +16.6 bln exp

• EUR +15.8 bln prev revised up from 15.7 bln
• exports m/m sa -1.8% vs +1.0% exp vs -1.3% prev
• imports m/m sa -0.9% vs +0.5% exp vs +0.4% prev

Not pretty reading for import and export activity

EURUSD 1.3838

German Trade Balance table