Austrian Balance of Trade (Oct) -84.6M vs. Exp. -120.0M (Prev. -230.8M, Rev. -230.8M)
The Austrian Balance of Trade data for October shows a deficit of €84.6 million, significantly better than the expected deficit of €120 million and an improvement from the previous month's €230.8 million.
European Movers: Glencore (GLEN LN) +8.2%, BNP Paribas (BNP FP) +3.1%, Antofagasta (ANTO LN) +3.0%, BMW (BMW GY) -0.3%, Aviva (AV/ LN) -1.0%, Rio Tinto (RIO LN) -2.2%, Sainsbury's (SBRY LN) -2.6%
China's Auto industry body CPCA announced 2.28mln passengers cars was sold in December, marking a 14.5% decrease Y/Y
Austrian Balance of Trade (Oct) -84.6M vs. Exp. -120.0M (Prev. -230.8M, Rev. -230.8M)
Taiwan Balance of Trade (Dec) 19.43B vs. Exp. 16.1B (Prev. 16.09B, Rev. 16.09B)
Japan megabanks are to jointly lend USD 1.5bln to the Saudi government
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This narrower trade gap reinforces a potentially stabilizing trend in Austria's external sector, which could have implications for the EUR's relative strength in the forex market, particularly against the USD and JPY.
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