Latest trade data now out
- +€22.9bln prev
- c/a balance €+23.0 bln vs +23.7bln exp vs +25.0bln prev revised down from +25.1bln
- exports SA mm -1.2% vs -0.6% exp vs +2.6% prev
- imports SA mm -3.4% vs -1.0% exp vs +3.6% prev revised down from +3.8%
Softer exports and imports will be a concern
- German Q3 labour costs qq 0.0% vs +0.6% prev revised down from +0.9%
- yy wda +2.4% vs +3.0% prev revised down from +3.1%
EURUSD going nowhere in a hurry still at 1.0923
