Kosovo Balance of Trade
In recent years, Kosovo has seen significant trade deficits (57% of GDP in 2007), which are mostly due to the country's poor export base. Metals (47% of overall exports) and mineral goods (30% of overall exports) account for the majority of Kosovo's exports. Mineral items, appliances, and electrical parts and materials, prepared foods, beverages, and tobacco are among the most important imports into Kosovo. Macedonia, Germany, Italy, Serbia, China, and Turkey are Kosovo's primary trading partners.
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 |
|
|
1.1344 -300 pips |
1.1624 +20 pips |
1.16440 | |
| EURAUD |
|
|
1.7035 -487 pips |
1.7702 -180 pips |
1.75223 | |
| EURJPY |
|
|
172.2434 -864 pips |
179.0104 +187 pips |
180.880 | |
| EURCAD |
|
|
1.5630 -452 pips |
1.6195 -113 pips |
1.60820 | |
| EURCHF |
|
|
0.9312 -56 pips |
0.9612 -244 pips |
0.93680 | |
| EURCZK |
|
|
24.2049 +268 pips |
0 +241781 pips |
24.17810 | |
| EURGBP |
|
|
0.8615 -113 pips |
0.8755 -27 pips |
0.87284 | |
| EURHUF |
|
|
381.7364 +31 pips |
382.6171 -119 pips |
381.43 | |
| EURNOK |
|
|
11.0382 -7248 pips |
11.6448 +1182 pips |
11.7630 | |
| EURNZD |
|
|
1.9386 -761 pips |
2.0331 -184 pips |
2.01470 |
News (EUR)
Eurozone GDP Expands More Than Estimated
The euro area economy logged a faster-than-estimated growth in the third quarter, underpinned by government spending and investment, revised data from Eurostat showed on Friday. Gross domestic product grew 0.3 percent sequentially compared to a marginal growth of 0.1 percent in second quarter. The third quarter growth was revised up from 0.2 percent.
RTTNews | 17h 1min ago
German Factory Orders Rise More Than Forecast
Germany's factory orders grew more than expected in October on robust domestic demand, official data revealed on Friday. Factory orders logged a monthly growth of 1.5 percent, Destatis said. Although the pace of growth softened from the revised 2.0 percent rise posted in September, it was much faster than economists' forecast of 0.3 percent.
RTTNews | 19h 38min ago
German Construction Activity Contracts At Slower Pace
Germany's construction sector continued to contract in November but the pace of decline softened due to the rise in civil engineering activity, survey data from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index registered 45.2 in November, down from October's seven-month low of 42.8. A score below 50.0 indicates contraction in the sector.
RTTNews | 1 day ago
