Trade Balance s.a.
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Sep 16, 09:00 |
|
Trade Balance s.a. |
|
€17.1B | €9.3B | €20.30B |
Trade Balance s.a.
The Trade Balance released by the Eurostat is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the EUR. Generally, if a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.
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