The latest survey of German export managers shows export confidence at its highest since January 2011 after three sequential gains, despite the lack of a government coalition after recent elections. Improved sentiment in chemicals and metals were the major drivers, with the latter reaching the highest in over a decade. That would suggest few concerns about action on trade policy in steel and aluminum by the Trump administration, and the potential for improved market conditions from the G20 steel forum. Sentiment in the U.K. also improved, reaching the highest since June 2005 despite Brex...