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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 |
|
|
1.1330 -453 pips |
1.1581 +202 pips |
1.17830 | |
| EURAUD |
|
|
1.7310 -675 pips |
1.7941 +44 pips |
1.79845 | |
| EURJPY |
|
|
164.9096 -531 pips |
168.8549 +137 pips |
170.224 | |
| EURCAD |
|
|
1.5663 -364 pips |
1.5982 +45 pips |
1.60267 | |
| EURCHF |
|
|
0.9358 +15 pips |
0.9501 -158 pips |
0.93433 | |
| EURCZK |
|
|
24.6901 +599 pips |
0 +246302 pips |
24.63020 | |
| EURGBP |
|
|
0.8539 -93 pips |
0.8617 +15 pips |
0.86324 | |
| EURHUF |
|
|
397.9672 -60 pips |
405.3240 -676 pips |
398.56 | |
| EURNOK |
|
|
11.4018 -4541 pips |
11.8195 +364 pips |
11.8559 | |
| EURNZD |
|
|
1.8774 -675 pips |
1.9370 +79 pips |
1.94491 |
News (EUR)
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 1h 8min ago
Eurozone Private Sector Expands More Than Estimated
The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 1 day ago
German Unemployment Climbs Less Than Expected In June
Joblessness in Germany rose in June but at a slower than expected pace, official figures revealed on Tuesday, as activity in the biggest economy in the euro area remains sluggish.
RTTNews | 2 days ago
