Germany March trade balance data 9 May

  • EUR 20.0 bln prev revised up from 19.9bln
  • current account balance EUR 30.2bln vs 26.5bln exp vs 20.7bln prev revised up from 20.4bln
  • exports SA mm 0.4% vs 0.2% exp vs 0.9% prev revised up from 0.8%
  • imports SA mm 2.4% vs 1.6% exp vs -1.6% prev

Stronger report to temper the soggy industrial production data out at the same time

EURUSD 1.0922 languishing near session lows as is EURGBP at 0.8433