August 2017 German industrial production data 09 October 2017

  • Prior 0.0%. Revised to -0.1%
  • 4.7% vs 2.9% exp y/y. Prior 4.2%

German econ ministry says;

  • Industrial output has gained momentum since the start of the year
  • Good business morale and a positive trend for orders point to a continued upswing in the sector

Not such an upswing in the euro, which only managed a 16 pip move from 1.1734

 

Ryan Littlestone

Pin It on Pinterest