Eurozone Trade Surplus Beats Forecast, but Year-to-Date Cushion Collapses - ActionForex
5 Articles
5 Articles
Euro area, foreign trade balance grows
The adjusted trade surplus in the euro area increased in July, signaling a boost to the economy from trade at the beginning of the third quarter, despite persistent geopolitical uncertainty. Exclusive material for subscribers. To have full access, access the link of the subject and register.
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Eurozone Trade Surplus Beats Forecast, but Year-to-Date Cushion Collapses - ActionForex
The Eurozone’s seasonally adjusted trade surplus widened from a revised €1.0bn in June to €5.0bn in July, exceeding the €2.5bn market expectation. Exports increased 1.2% month on month from €257.7bn to €260.8bn, while imports fell 0.4% from €256.7bn to €255.7bn. The EU also improved at the margin: its trade deficit narrowed from €5.9bn to €1.4bn, […]
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