Germany September trade balance EUR +21.1bln vs +19.5bln exp
German Federal Statistical Office
- EUR 16.2 bln prior, revised to 17.3 bln
- current a/c +25.5bln vs +19.1bln exp vs +16.9bln prev revised up +17.3bln
- exports mm SA 1.5 % vs +0.3% exp/prev, _1.8% prior, revised -0.9%
- imports mm SA 1.3% vs +0.0% exp vs +0.5% prior, revised +0.1%
EURUSD currently unfazed at 1.1050. Postitive trade balance, helped by weaker Euro. Good signs to see for Germany going forward.