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

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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