German industrial production report for Jan now out
- -0.3% prev revised up from -1.2%
- yy WDA +2.2% vs -1.6% exp vs -1.3% prev revised up from -2.2%
That's a big improvement on expectations and previous which has seen the euro gain a few pips on EURUSD but not flying anywhere in a hurry. Will be welcome news nonetheless.
Capital goods and construction output were the star performers up +5.3% and +7.0% respectively.
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