By Jeremy Boulton — Mar 03 - 02:20 AM
German trade surplus rises to EUR 16.7 billion in January
Largest trade surplus since July 2021
Imports dropped 2.1% mm, 5.4% below forecast
Small beat for exports which rose 2.1% vs expected 1.5%
FX traders may need to rethink inflation outlook nL1N3580LQ
Cheap gas may be at the heart of future FX moves nL1N3500CO
Source:
Refinitiv IFR Research/Market Commentary