Euro Rises Ahead Of German Industrial Production, Trade Balance
09 January 2018 - 12:57PM
RTTF2
Destatis is scheduled to release Germany's industrial output and
foreign trade figures for November in the Pre-European session on
Tuesday at 2.00 am ET.
Industrial output is expected to grow 1.8 percent on month,
reversing a 1.4 percent drop in October. In the meantime, the
Germany's trade surplus is expected to rise to EUR 21.3 billion in
November from EUR 18.9 billion in October.
Ahead of the data, the euro rose against its major rivals.
As of 1:55 am ET, the euro was trading at 0.8814 against the
pound, 1.1957 against the US dollar, 1.1695 against the Swiss franc
and 134.77 against the yen.
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