Balança comercial S.A.

Date Time Left   Event Impact Previous Consensus Actual
May 16, 09:00  Balança comercial S.A. €19.2B €18.8B €23.10B

Balança comercial S.A.

The Trade Balance released by the Eurostat 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 EUR. Generally, if a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.

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