Some comments from Germany's Bundesbank via Reuters

  • Share of zombie firms in Germany has not risen during period of low interest rates
  • Expects further increase in Target 2 balances in 2017 as ECB continues QE program

More optimistic sentiment out from the Eurozone on growth momentum - that's the essential takeaway here. EUR still looking good on the day, as EUR/USD nears session highs at 1.1795 now. EUR/JPY also at session highs of 132.87.