Latest data released by Destatis 8 Dec 2017
- October exports m/m -0.40% vs +1.00% expected
- October imports m/m +1.8% vs +1.1% expected
- October current account balance EUR 18.1 bn vs EUR 20.0 bn expected
Slightly lower trade surplus than expected, as exports failed to meet expectations on the month. But when compared to prior months, it's well within what it should be though the number can be a bit volatile.
EUR/USD is near session lows on the day, now down to 1.1750 as Brexit talks hit the wires and USD strength is still prevailing across the board.
