Germany Industrial Production n.s.a. w.d.a. (YoY) dipped from previous 2.1% to 0.6% in June

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EUR/GBP drops to lows near 0.7030

A softer tone in the single currency in combination with a sideline pattern in sterling is driving EUR/GBP to the 0.7030 area pre-European open...
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German trade surplus rose to EUR 24 billion in June

The data released by the German Federal Statistical Office (Destatis) on Friday showed a record trade surplus of EUR 24.0 billion in June 2015. In June 2014, the surplus amounted to EUR 16.2 billion. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 22.0 billion euros in June 2015.
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