Peter GarnryPeter Garnry , Head of Equity Strategy, Saxo Bank
Denmark, 17 September 2012 at 09:32 GMT+0
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Eurozone trade balance figures for July were released 09:00 GMT and while the seasonally adjusted figures came in short 7.9B compared to 9.8B expected the 12 month rolling figures still highlights that a weaker EUR in addition to some reforms across the continents are paying off in terms of competitiveness. The 12 rolling figures are at its highest since early 2005.

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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