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 |
|
|
1.0681 -36 pips |
1.0808 -91 pips |
1.07170 | |
| EURAUD |
|
|
1.6256 -67 pips |
1.6441 -118 pips |
1.63226 | |
| EURJPY |
|
|
162.9961 -778 pips |
165.6210 +516 pips |
170.777 | |
| EURCAD |
|
|
1.4520 -104 pips |
1.4663 -39 pips |
1.46244 | |
| EURCHF |
|
|
0.9642 -143 pips |
0.9895 -110 pips |
0.97852 | |
| EURCZK |
|
|
25.3748 +2232 pips |
0 +251516 pips |
25.15160 | |
| EURGBP |
|
|
0.8557 +2 pips |
0.8599 -44 pips |
0.85553 | |
| EURHUF |
|
|
388.8825 -310 pips |
393.0719 -109 pips |
391.99 | |
| EURNOK |
|
|
10.9878 -8044 pips |
11.7910 +12 pips |
11.7922 | |
| EURNZD |
|
|
1.7798 -173 pips |
1.8048 -77 pips |
1.79708 |
News (EUR)
German Consumer Sentiment To Hit 2-Year High In May
Germany's consumer confidence is set to rise again in May to hit a two-year high as households turned more optimistic about future income, adding to the list of positive indicators that suggests the biggest euro area economy is likely to undergo a very shallow recession. The forward-looking consumer sentiment index rose to -24.2 in May from a revised value of -27.3 in April.
RTTNews | 3 days ago
German Ifo Business Confidence Near 1-Year High
Germany's business sentiment strengthened for the third straight month to a near one-year high in April on a notable improvement in confidence among service providers. The business confidence index climbed to 89.4 in April from a revised 87.9 in March, monthly survey results from the ifo Institute showed on Wednesday. This was the highest score since May 2023, when the reading was 91.4.
RTTNews | 4 days ago
Eurozone Private Sector Growth Strongest In Almost A Year
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed above economists' forecast of 50.8.
RTTNews | 5 days ago
