Euro zone June trade surplus 4.6 bln euros

Euro zone June trade surplus has come in at 4.6 bln euros, up from 2.1 bln in May. The data has had no discenible effect on EUR/USD, which remains under pressure as risk aversion ratchets ever higher.

Global equities continue to get pummeled (S&P futures down over 22 points at writing). EUR/USD sits at 1.4115, aforementioned buy interest at 1.4100/10 so far holding the line.