Italy Balance of Trade
When compared to the previous year, Italy's trade surplus in 2017 dropped to EUR 47 billion, down from a record high of EUR 50 billion. Imports increased by 9% to EUR 401 billion, the highest level since 2011, while exports increased by 7% to an all-time high of EUR 448 billion. The largest trade surpluses were recorded with the United States, the United Kingdom, France, Switzerland, Poland, and Japan; the largest trade deficits were reported with China, the Netherlands, Germany, Belgium, and Russia.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0721 -48 pips |
1.0815 -46 pips |
1.07690 | |
| EURAUD |
|
|
1.6256 -42 pips |
1.6388 -90 pips |
1.62983 | |
| EURJPY |
|
|
161.4532 -492 pips |
165.5286 +85 pips |
166.375 | |
| EURCAD |
|
|
1.4642 -90 pips |
1.4742 -10 pips |
1.47320 | |
| EURCHF |
|
|
0.9630 -142 pips |
0.9854 -82 pips |
0.97723 | |
| EURCZK |
|
|
25.3748 +3599 pips |
0 +250149 pips |
25.01491 | |
| EURGBP |
|
|
0.8562 -23 pips |
0.8605 -20 pips |
0.85850 | |
| EURHUF |
|
|
384.0294 -474 pips |
390.0976 -133 pips |
388.77 | |
| EURNOK |
|
|
10.9856 -7150 pips |
0 +117006 pips |
11.7006 | |
| EURNZD |
|
|
1.7768 -154 pips |
1.7970 -48 pips |
1.79225 |
News (EUR)
Eurozone Private Sector Growth Accelerates In April
The euro area private sector growth accelerated to an 11-month high in April driven by the service sector, final survey results from S&P Global showed on Monday. The HCOB composite output index rose to 51.7 in April from 50.3 in the previous month. The flash estimate was 51.4.
RTTNews | 1 day ago
Eurozone Sentix Investor Confidence Rises For 7 Straight Months
Eurozone investor confidence improved for the seventh straight month in May to hit the highest level since February 2022 as both current situation and expectations rose in small but steady steps, a closely watched survey showed on Monday. The investor confidence index posted -3.6 in May, the behavioral research institute Sentix reported. The score was forecast to improve moderately to -4.8.
RTTNews | 1 day ago
Eurozone Unemployment Rate Steady At 6.5% For Fifth Month
Euro area jobless rate remained unchanged at a record low for the fifth month in a row in March and the unemployment decreased, while a tight labor market could urge the European Central Bank to remain cautious even as policymakers gear up for an interest rate cut in June. The seasonally adjusted unemployment rate was 6.5 percent in March, which is the same level as in the previous four months.
RTTNews | 4 days ago
