Kereskedelmi Mérleg s.a.

Date Time Left   Event Impact Previous Consensus Actual
Jul 08, 06:00  Kereskedelmi Mérleg s.a. €24B €23.8B €22.20B

Kereskedelmi Mérleg s.a.

The Trade Balance released by the Statistisches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR. If a steady demand in exchange for German exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.
Review Alex Nekritin's Article - Trading the Euro with Germany Trade Balance



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