Tuesday's session brought German Factory Orders figures. Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in December 2017 a seasonally and working-day adjusted 3.8% on the previous month. For November 2017, revision of the preliminary outcome resulted in a decrease of 0.1% compared with October 2017 (primary –0.4%). Price-adjusted new orders without major orders in manufacturing had increased in December 2017 a seasonally and working-day adjusted +0.8% on the previous month.

Wednesday's session was marked by German Industrial Production figures. In December 2017, production in industry was down by 0.6% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In November 2017, the corrected figure shows an increase of 3.1% (primary +3.4%) from October 2017. In December 2017, production in industry excluding energy and construction was down by 0.7%.

On Thursday German Trade Balance figures were released. Germany exported goods to the value of 1,279.4 billion euros and imported goods to the value of 1,034.6 billion euros in 2017. At the time, goods to the value of 1,203.8 billion euros were exported and goods to the value of 954.9 billion euros were imported. The foreign trade balance showed a surplus of 244.9 billion euros in 2017. In 2016, the surplus of the foreign trade balance reached an all-time high (248.9 billion euros).

This week markets will be looking at:

German GDP (Wednesday 8:00)

Flash GDP (Wednesday 11:00)

Trade Balance (Thursday 11:00)