Germany’s September trade surplus EUR16.5 bln (expected surplus of EUR16.3 bln;
last surplus of EUR17.7 bln).
September Imports -1.7% m/m (expected 0.5%; last -0.3%)
Exports -2.4% m/m (expected -1.1%; last 0.1%)
Shipping giant Maersk reported falling profit in Q3 and said that least 10,000 jobs will be cut.
BMW’s latest quarterly report showed improving automotive margin and reaffirmed guidance for the year