EMU DATA: The Eurozone’s trade surplus more than expected to E3.6
billion in October, its highest level since July 2009, Eurostat reported
on Friday.
— EMU October sa trade balance above all fcasts (median +E2.5bn)
— EMU October sa trade balance +E3.6bn vs 3q avg +E0.1bn
— EMU October nsa trade balance +E5.2bn vs October09 +E4.8bn
— EMU October exports: sa -0.1% m/m, nsa +20.0% y/y
— EMU October imports: sa -1.3% m/m, nsa +21.0% y/y
— EMU October sa exports +0.3% vs 3q avg; imports -2.3% vs 3q avg
— For further information, please see MNI Mainwire