Balança comercial

Date Time Left   Event Impact Previous Consensus Actual
Dec 01, 17:02  Balança comercial 2.3B 4.76B

Balança comercial

The Trade Balance released by the Ministerio de Comercio is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the BRL. If a steady demand in exchange for Brazilian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the BRL.

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