Eurozone May trade balance €8.0 billion vs €4.5 billion expected
Summary
By sueyangfx.com July 16, 2020 at 10:52AM Latest data released by Eurostat – 16 July 2020 – €1.2 billion; revised to €1.6 billion – Non-seasonally adjusted trade balance €9.4 billion The trade surplus improved after the narrowing in April but […]
More On EUR
- Euro Forecast: EUR/USD Confronts FOMC and Geopolitical Tensions
- Euro on defensive as traders fret over Ukraine tension, hawkish Fed
- Euro Price Forecast: EUR/USD Locked and Loaded on FOMC Trade Unwind
- Dollar, Euro Down as Ukraine Tension, Fed Policy Concerns Continue
- Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting
July 16, 2020 at 10:52AM
Latest data released by Eurostat – 16 July 2020
– €1.2 billion; revised to €1.6 billion
– Non-seasonally adjusted trade balance €9.4 billion
The trade surplus improved after the narrowing in April but it is all about the details. Exports jumped by 7.8% m/m while imports also went up by 3.2% m/m. That said, the overall levels