German March industry output +2.8% m/m

Demonstrably stronger than Reuter’s median forecast of +0.8%.

Also further good news with February data revised up, to -0.3% from previous -1.3% m/m.

From session low 1.3001 we’re at 1.3014.

German EconMin says outlook for industry has improved significantly. Yipeeeeeeeeeeeeeee!!