German overseas sales declined 1.1% in August

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Source: WBPonline
© Scanpix\Reuters
Germany released data which showed the nation's overseas sales decreased 1.1% in August on a monthly basis, while inbound shipment advanced 0.5%. The largest economy in Europe exported goods worth of 93.4 billion euros and at the same time imported goods worth of 77.3 billion euros in July 2013. The German trade balance indicated a surplus of 16.1 billion euros in July.
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Fri, 06 Sep 2013 08:35:04 GMT

German bunds steady ahead of industrial production report

German 10-year government bunds were flat, headed towards a weekly decrease, ahead of data analysts said will indicate German industrial activity dropped in July. German 10-year bonds yielded 2.04% and the price of the 1.5% note maturing in May 2023 remained at 95.30. Germany's industrial production is forecast to retreat 0.5% from June, when it advanced 2.4%.

Fri, 06 Sep 2013 08:13:03 GMT

Sterling steady against Euro ahead of U.K. factory production report

The British currency remained flat against the greenback and 17-nation currency ahead of the data analysts said will indicate U.K. manufacturing activity gauge rose at a slower pace in July. Industrial production is expected to jump 0.2%, after jumping 1.1% in June. The Sterling was flat at 84.13 pence versus the Euro and remained at $1.5601. 

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