Forecast came true

Growth in the trade balance will be positive
12 september 2014

EU Trade Balance n.s.a. (Jul)
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.

Sep 15
09:00 GMT

Consensus
€16.8B
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Growth in the trade balance will be positive

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