| Source |
European Central Bank (latest release) |
|
| Measures |
Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous month; |
|
| Usual Effect |
Actual > Forecast = Good for currency; |
|
| Frequency |
Released monthly, about 50 days after the month ends; |
|
| Next Release |
Aug 17, 2012 |
|
| SLBFX Notes |
This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. The goods portion has no impact because it's a duplicate of the Trade Balance data released about a week earlier; |
|
| Why Traders Care |
It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the region; |
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