Goods Trade Balance

Date Time Left   Event Impact Previous Consensus Actual
Sep 09, 08:30  Goods Trade Balance -£7.4B -£7.5B -£8.68B

Goods Trade Balance

The trade balance released by the National Statistics is a balance between exports and imports of goods A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.
Review Alex Nekritin's Article - Trading British Pound with UK Trade Balance



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