Germany trade balance Oct EUR +19.3bln vs +22.0bln exp

Germany Oct trade balance 9 Dec

• EUR 24.2bln prev revised down from 24.4bln
• current account +18.4bln vs 22.0bln exp vs 24.4bln prev
• exports mm SA +0.5% vs +0.9% exp vs -1.2% prev revised down from 1.0%
• imports mm SA +1.3% vs 1.1% exp vs -0.7% revised down from -0.5%
• labor costs Q3 yy WDA +2.5% VS +1.9% prev revised up from +1.8%
• qq SA +0.8% vs +0.2% prev

A mixed bag leaves EURUSD unfazed at 1.0615