Destatis is scheduled to release Germany’s industrial output and foreign trade figures for November in the Pre-European session on Tuesday at 2.00 am ET.
Industrial output is expected to grow 1.8 percent on month, reversing a 1.4 percent drop in October. In the meantime, the Germany’s trade surplus is expected to rise to EUR 21.3 billion in November from EUR 18.9 billion in October.
Ahead of the data, the euro rose against its major rivals.
As of 1:55 am ET, the euro was trading at 0.8814 against the pound, 1.1957 against the US dollar, 1.1695 against the Swiss franc and 134.77 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
