German economic ministry statement out on the wires 12 Dec
- global economic environment remains difficult but seems to be gradually brightening up a bit
A glass half-full again from the German econ min but I recall them being similarly misguided after Q2
- reduction in unemployment is being slowed by refugee intake
You mean you didn't see that one coming?
Meanwhile EURUSD remains on the back foot seemingly buoyed only by EURJPY demand