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Germany: Producer Price Index slides 0.1% in January

FXStreet (Barcelona) - On a monthly basis German PPI fell 0.1% in January, compared with the 0.1% growth in December, according to data released today by the Statistisches Bundesamt Deutschland. Analysts pointed to 0.2% growth.

On an annual basis PPI fell 1.1% in January, after dropping 0.5% in December and below expectations of -0.8%.

Switzerland: Trade surplus widens to CHF 2,594M in January

Swiss Trade surplus widened to CHF 2,594M in January from CHF 521M billion in December, according to data released today by the Federal Customs Administration. Analysts expected the surplus to narrow to CHF 147M.
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GBP/USD is depressed by UK data

GBP/USD came under mild selling at the Asia opening sliding to 1.6663 low but rebounding to 1.6690 at the moment.
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