EMU DATA: The Eurozone’s trade balance unexpectedly..

EMU DATA: The Eurozone’s trade balance unexpectedly turned negative to
-E1.9 billon in seasonally adjusted terms as imports rose much faster
than exports, Eurostat reported on Friday.
–EMU Nov SA trade balance -E1.9bn vs Oct revised +E3.5bn (+E3.6)
–EMU Nov SA trade balance below all forecast (median +E1.9bn)
–EMU Oct + Nov average trade balance +E0.8bn vs 3Q average -E0.4bn
–EMU Nov NSA trade balance -E0.4bn vs Nov 09 +E3.1bn
–EMU Nov exports: SA +0.2% m/m, NSA +24.0% y/y
–EMU Nov imports: SA +4.4% m/m, NSA +28.0% y/y
–EMU Oct+Nov average SA exports +1.4% vs 3Q average; imports +0.5%