Euro zone November trade balance has come in at +4.8 bln euros compared to median forecast of +4.5 bln. We had +5.0 bln. October’s surplus was revised down to +6.6 bln from previous +8.8 bln.
EUR/USD has come under a little pressure, presently down at 1.4405.
Elsewhere, euro zone December CPI confirmed at +0.3% m/m, +0.9% y/y.
