Trade Balance. Germany, 09:00 (GMT+2)

Trade Balance release is due at 09:00 (GMT+2) in Germany. September value of the indicator is expected to drop to 18.0 billion EUR from 18.3 billion a month earlier. The indicator represents the difference between the import and export of goods and services in monetary terms. A positive value means a trade surplus, which is the predominance of exports over imports. A negative value indicates 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 ​​contribute to the strengthening of EUR. Low values ​​weaken EUR.

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