German trade balance June report 9 Aug 2016
– +€21.0bln prev
– c/a balance +€26.3bln vs 23.0bln exp vs +18.4bln prev rev up from +17.4bln
– exports SA mm +0.3% vs +1.1% exp vs -1.8% prev
Better than previous readings for imp/exp but missing expectations still despite better overall headline number.