Slovakia Balance of Trade
Exports have been the primary driver of Slovakia's growing economy, with exports having more than doubled in the last ten years. Vehicles, machinery, and electrical equipment, as well as base metals, chemicals, and minerals, account for the vast majority of Slovakia's exports. The Euro Area's members are the primary export partners, with Germany, the Czech Republic, and Poland being the most important. Machines and transport equipment, intermediate manufactured products, fuels, and chemicals account for the majority of Slovakia's imports. Germany, the Czech Republic, China, and Russia are the major import partners. Slovakia experienced great surpluses in 2015 with Germany, the United Kingdom, Poland, and Austria. The major trade deficits were with China, South Korea, Russia, and Japan.
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 |
|
|
1.0631 -0 pips |
1.0738 -107 pips |
1.06312 | |
| EURAUD |
|
|
1.6524 -92 pips |
1.6631 -15 pips |
1.66162 | |
| EURJPY |
|
|
158.1120 -599 pips |
162.9267 +118 pips |
164.105 | |
| EURCAD |
|
|
1.4523 -136 pips |
1.4695 -36 pips |
1.46585 | |
| EURCHF |
|
|
0.9553 -115 pips |
0.9773 -105 pips |
0.96679 | |
| EURCZK |
|
|
25.3748 +1178 pips |
0 +252570 pips |
25.25700 | |
| EURGBP |
|
|
0.8548 -19 pips |
0.8595 -28 pips |
0.85665 | |
| EURHUF |
|
|
389.2082 -532 pips |
393.4050 +113 pips |
394.53 | |
| EURNOK |
|
|
10.8776 -8898 pips |
11.7151 +523 pips |
11.7674 | |
| EURNZD |
|
|
1.7884 -203 pips |
1.8054 +33 pips |
1.80874 |
News (EUR)
Eurozone Construction Output Rises For Third Month
Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, preliminary data from the statistical office Eurostat showed Thursday. Construction output rose a calendar and seasonally adjusted 1.8 percent month-on-month following a downwardly revised 0.2 percent gain in January.
RTTNews | 1 day ago
German Economic Confidence Strengthens On Recovery Hopes
Germany's economic confidence strengthened more-than-expected to hit the highest in more than two years in April as investors anticipate the economy to pick up over the coming months amid the global recovery, survey results from the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment surged to 42.9 in April from 31.7 in the previous month. The reading was seen at 35.1.
RTTNews | 2 days ago
Eurozone Industrial Production Recovers In February
Eurozone industrial production recovered in February driven by the rebound in capital and durable consumer goods output, official data revealed on Monday. Industrial production grew 0.8 percent on a monthly basis in February, Eurostat reported. This was in contrast to the 3.0 percent contraction seen in January but matched economists' expectations.
RTTNews | 3 days ago
