• EUR +13.8 bln prev revised down from 13.9 bln
  • unadj exports +1% y/y.
  • unadj imports -3% y/y

Sorry about the delay in the follow-up detail

Site back up now thankfully. Gremlins of unknown origin

EURUSD back up to 1.3908 after dipping to 1.3891 on this and weaker ZEW

The latest trade data is well below expectations and the fall in imports suggests slow demand in the EZ overall. Not good.

EZ Jan Trade Balance table 18 March

EZ Jan Trade Balance table 18 March