Reply To: China and America, a Tale of Two Markets – Traders Market Weekly

#73047
Truman
Participant

Germany
ifo institute noted that a growing share of manufacturers received no orders in January versus October.
December trade surplus EUR22.2 bln (expected surplus of EUR19.0 bln; last surplus of EUR20.7 bln.
December Imports -6.7% m/m (expected -1.5%; last 1.5%) and Exports -4.6% m/m (expected -2.0%; last 3.5%).
January Services PMI 47.7 (expected 47.6; last 49.3)