German August sa trade surplus rises to Eur 18.3 bln from Eur 16.3 in July

Well above Reuters consensus of Eur 15.3 bln

Seasonally adjusted exports +2.4% m/m, imports +0.3% m/m

C/A surplus down to Eur 11.1bln from a revised Eur 11.7 bln in July

EUR/USD’s going nowhere fast around 1.2985