Trade Balance s.a.
economic
Updated: 2 Dec, 7:00 am UTC
Deviation
-0.9000000000000004%
Consensus
5.2%
Previous
3.7%
Actual*Revised
2.8%* Description
Source: Germany
The Trade Balance released by the Statistisches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR. If a steady demand in exchange for German exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.
Review Alex Nekritin's Article - Trading the Euro with Germany Trade Balance
Review Alex Nekritin's Article - Trading the Euro with Germany Trade Balance