Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is medium.
There is no forecast value for Trade Balance s.a. yet - check back for updates.
The most recent announced value for Trade Balance s.a. was €17.1B against a forecast of €14.1B.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Trade Balance s.a. result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| ZEW Survey – Current Situation | Bullish change | -72.7 | -65.9 | ||
| ZEW Survey – Economic Sentiment | Bearish change | 59.6 | 58.3 | ||
| ZEW Survey – Economic Sentiment | Bearish change | 40.8 | 39.4 | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | -0.1% | -0.1% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.1% | 2.1% | ||
| Industrial Production s.a. (MoM) | Bearish change | 0.3% | -1.4% | ||
| Employment Change (QoQ) | (no change) | 0.2% | 0.2% | ||
| Gross Domestic Product s.a. (QoQ) | (no change) | 0.3% | 0.3% | ||
| Gross Domestic Product s.a. (YoY) | (no change) | 1.4% | 1.4% | ||
| Harmonized Index of Consumer Prices (YoY) | Bearish change | 2.5% | 2.4% | ||
| Sentix Investor Confidence | Bullish change | -1.8 | 4.2 | ||
| Industrial Production n.s.a. w.d.a. (YoY) | Bearish change | 0.5% | -0.6% | ||
| Industrial Production s.a. (MoM) | Bearish change | 0.2% | -1.9% | ||
| Retail Sales (MoM) | Bearish change | 0.1% | -0.5% | ||
| Retail Sales (YoY) | Bearish change | 2.4% | 1.3% | ||
| Factory Orders n.s.a. (YoY) | Bullish change | 10.6% | 13% | ||
| Factory Orders s.a. (MoM) | Bullish change | 5.7% | 7.8% |
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | Federal Statistics Office of Germany |
| Category: | Capital Flows |
| Frequency: | Monthly |
| Australia | Trade Balance (MoM) | ||
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | Current Account | ||
| China | Imports (YoY) | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | Trade Balance CNY | ||
| China | Imports (YoY) CNY | ||
| China | Exports (YoY) CNY | ||
| Japan | Merchandise Trade Balance Total | ||
| Japan | Exports (YoY) | ||
| Japan | Imports (YoY) | ||
| Japan | Current Account n.s.a. | ||
| New Zealand | Exports | ||
| New Zealand | Trade Balance NZD (YoY) | ||
| New Zealand | Imports |