German trade balance report for the month of Sep. showed a widening surplus of 17.4 billion euros compared with the prior surplus of 11.8 billion euro and median estimates of 12.5 billion euros.

Exports climbed 0.9%, above expectations of 0.8% drop, while the August's reading was revised down to 3.2% from the initial 3.5%. Imports, on the other hand, slipped 0.8% compared with the previous flat reading which was revised down to -0.1% where analysts' expectations referred to 0.4% rise.

Current account for the same month showed a widening surplus to 15.7 billion euros from the revised 6.5 billion euros, which was 7.0 billion euros initially, higher than projections of 12.3 billion euros.