Eurozone October trade balance report 16 Dec

  • € +24.4bln prev revised sown from +24.9bln
  • NSA €+20.1bln vs +29.0bln exp vs +26.5bln prev

Weaker data but we need to see figures since the euro's depreciation to get a more relevant picture

EURUSD currently challenging 1.0465 offers/res with EURGBP marching back to 0.8422 from 0.8390 lows.