020 7898 0500Economic data from Germany in 2017 has helped support the euro’s consistent strength, but is it possible this has come to an abrupt end?
The main announcement from the eurozone was that import and export data from Germany was lower than forecasts. Imports fell 4.5% while exports fell 2.8%. This represents the biggest drop we have seen since the beginning of 2009 when we were in the middle of the global financial crisis.
As we have alluded to, the day ahead is fairly quiet on the economic data which is entirely in keeping with the theme of the week.
