The Big Three 1 Germany’s trade surplus surged to €21.2 billion in January — crushing the €15.4 billion consensus — but the beat was built on import collapse: a 5.9% MoM fall in imports driven by weak domestic demand, not export strength, which itself fell 2.3%. 2 US existing home sales rebounded to 4.09 million […]
The Big Three 1 Germany’s trade surplus surged to €21.2 billion in January — crushing the €15.4 billion consensus — but the beat was built on import collapse: a 5.9% MoM fall in imports driven by weak domestic demand, not export strength, which itself fell 2.3%. 2 US existing home sales rebounded to 4.09 million […]
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