• EU trade surplus Dec EUR+205 mln vs EUR-852 mln y/y
  • 2013 global trade surplus up to EUR 30.4 bln from EUR 9.89 bln in 2012
  • largest surplus since 1996

Good news for the Italians and the euro suitably impressed too adding to the generally favoured tone of the morning so far

EURUSD trying to chew through the large offers at 1.3720-30

Currently 1.3722 after 1.3726 highs