Swiss retail sales
Swiss retail sales y/y came in at 1.8%, stronger than the 0.6% expected.
Usd/Chf is off about 5 points since release, trading at .9532.
French Trade Balance
France’s trade deficit came in at 4.4 bln euros, stronger than the 5.8 bln euros expected.
Eur/Usd has just come off fresh session high of 1.2750 and currently trades at 1.2737.
German Trade Balance
Germany’s Nov. trade surplus reached 15.1 bln euros, exceeding the 12.3 bln that was expected.
Eur/Usd continues to trade either side of 1.2720.
1-9 Economic Calendar
German factory orders for Nov. down 4.8% vs. 1.6% expected
Eur/Usd is off by 20 points since release, trading at 1.2779.
E/Z Retail sales fall 0.8% for Nov. vs. 0.2% drop expected
E/Z unemployment rate remained at 10.3% in Nov. as expected.
Eur/Usd has come off 10 points upon release of data, now trading at 1.2900.
Swiss CPI down 0.7% from prior year, a 0.6% decline was expected
CPI down 0.2% from prior month, a 0.1% drop was expected.
Usd/Chf trades at .9535, relatively unchanged.
UK Halifax HPI for Dec. down 0.9% from prior month
An increase of 0.2% was expected. Gbp/Usd is off about 10 points thus far to 1.5490.


