German trade data for March just released 10 May 2016
- +€20.2bln prev revised down from +€20.3bn
- current account balance +€30.4bln vs +€25.0bln exp vs +€21.1bln prev revised up from +€20.0bln
- exports SA mm +1.9% vs 0.0% exp vs +1.35 prev
- imports SA mm -2.3% vs -0.3% exp vs +0.1% prev revised down from +0.4%
A welcome rise in exports but softer imports suggest reduced domestic demand and that's not so good.
EURUSD 1.1381 still trading tightly.
