Trade Balance. Germany, 08:00 (GMT+2)

Trade Balance release is due at 08:00 (GMT+2) in Germany. It is predicted that the balance surplus will rise to 16.4 billion euros in August 15.8 billion a month earlier. The indicator represents the difference between the import and export of goods from services in monetary terms. A positive value means a trade surplus, that is, the predominance of exports over imports. A negative value reflects a balance deficit and indicates the predominance of imports over exports. The increase in exports has a positive effect on the German economy. High values ​​strengthen EUR, while low values ​​weaken EUR.

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