German trade surplus up as exports recover.

 Germany's trade surplus rose to €15.6B in August from €15B in July and topped consensus of €15.1B. Exports recovered to rise 1% on month from a fall of 0.8%, while imports increased 0.4% vs +0.3%. "Global trade remains off-color, which is putting the brakes on German exports, "The outlook for the coming months is much more promising. Important freight indicators have risen considerably."