News Headline Summary

German Industrial Production SA (Nov) M/M 0.2% vs. Exp. 1.0% (Prev. -2.6%, Rev -2.0%)

- German Industrial Production NSA WDA (Nov) Y/Y -2.9% vs. Exp. -2.9% (Prev. -3.7%, Rev -3.0%)

- German Economic Minister says Industrial production in Q4 will likely be below that of Q3.

Reaction details (06:10)

- In immediate reaction, EUR/USD fell 7 pips from 1.3069 to 1.3062 whilst the German Bund moved up +4ticks from 143.61 to 143.65

09 Jan 2013 - 06:00 - Forex Data - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: