EMU DATA: Apr sa trade balance -E2.9bn vs Mar rev -E2.2bn (-E0.9):
Eurostat
— EMU Apr sa trade balance matches MNI median fcast}
— EMU Apr sa trade balance -E2.9bn vs 2q avg -E2.9bn
— EMU Apr nsa trade balance -E4.1bn vs apr10 -E0.7bn
— EMU Apr exports: sa +0.6% m/m, nsa +15.0% y/y
— EMU Apr imports: sa +1.1% m/m, nsa +18.0% y/
— EMU Apr sa exports +1.5% vs 1q avg; imports +1.5% vs 1q avg
— For more information, please see MNI Mainwire