Trade Balance s.a.

The Trade Balance released by the Statistisches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR. If a steady demand in exchange for German exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR. Review Alex Nekritin's Article - Trading the Euro with Germany Trade Balance

Most recent - Wednesday 6 March 2024 07:00

Previous
€22.2B
Revised
€23.3B
Forecast
€21.5B
Actual
€27.5B

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Monday 8 April 2024 06:00

Previous
€27.5B
Forecast
-
Actual
-

The typical/expected impact on EUR pairs is medium.

There is no forecast value for Trade Balance s.a. yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Trade Balance s.a. was €27.5B against a forecast of €21.5B.

Past events

Date
Forecast
Actual
Wednesday 6 March 2024 07:00
€21.5B
€27.5B
Monday 5 February 2024 07:00
€18.8B
€22.2B
Monday 8 January 2024 07:00
€17.9B
€20.4B
Monday 4 December 2023 07:00
€17B
€17.8B
Friday 3 November 2023 07:00
€16.3B
€16.5B
Thursday 5 October 2023 06:00
€15B
€16.6B
Monday 4 September 2023 06:00
€18B
€15.9B
Thursday 3 August 2023 06:00
€15B
€18.7B
Tuesday 4 July 2023 06:00
€17B
€14.4B
Monday 5 June 2023 06:00
€16.4B
€18.4B
Thursday 4 May 2023 06:00
€16.1B
€16.7B
Tuesday 4 April 2023 06:00
€17B
€16B
Friday 3 March 2023 07:00
€11B
€16.7B
Thursday 2 February 2023 07:00
€9.2B
€10B
Thursday 5 January 2023 07:00
€7.5B
€10.8B
Friday 2 December 2022 07:00
€5.2B
€6.9B
Wednesday 2 November 2022 07:00
€0.7B
€3.7B
Wednesday 5 October 2022 06:00
€4B
€1.2B
Friday 2 September 2022 06:00
€4.8B
€5.4B
Wednesday 3 August 2022 06:00
€0.2B
€6.4B
Monday 4 July 2022 06:00
€2.4B
€-1B
Friday 3 June 2022 06:00
€1.6B
€3.5B
Wednesday 4 May 2022 06:00
€9.8B
€3.2B
Monday 4 April 2022 06:00
€9.6B
€11.5B
Friday 4 March 2022 07:00
€6.1B
€9.4B
Wednesday 9 February 2022 07:00
€10.4B
€6.8B
Friday 7 January 2022 07:00
€12.8B
€10.9B
Thursday 9 December 2021 07:00
€13.4B
€12.5B
Tuesday 9 November 2021 07:00
€13.6B
€13.2B
Friday 8 October 2021 06:00
€15.8B
€13B
Thursday 9 September 2021 06:00
€13.1B
€17.9B
Monday 9 August 2021 06:00
€13.5B
€13.6B
Thursday 8 July 2021 06:00
€15.4B
€12.6B
Wednesday 9 June 2021 06:00
€19.5B
€15.9B
Friday 7 May 2021 06:00
€19.5B
€14.3B
Friday 9 April 2021 06:00
€20B
€19.1B

Economic context

Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Trade Balance s.a. result:

PreviousLatest
Retail Sales (MoM)Bearish change-0.4%-1.9%
Retail Sales (YoY)Bearish change-1.4%-2.7%
Business ClimateBullish change-0.41-0.3
Consumer Confidence(no change)-14.9-14.9
Economic Sentiment IndicatorBullish change95.596.3
Harmonized Index of Consumer Prices (YoY)Bullish change2.9%3.2%
Gross Domestic Product (QoQ)(no change)0.6%0.6%
Gfk Consumer Confidence SurveyBullish change-28.8-27.4
IFO – Business ClimateBullish change85.787.8
IFO – Current AssessmentBullish change86.988.1
IFO – ExpectationsBullish change84.487.5
HCOB Composite PMIBullish change49.249.9
HCOB Manufacturing PMIBearish change46.545.7
HCOB Services PMIBullish change50.251.1
HCOB Composite PMIBullish change46.347.4
HCOB Manufacturing PMIBearish change42.541.6
HCOB Services PMIBullish change48.349.8
HCOB Composite PMIBearish change48.147.7
HCOB Manufacturing PMIBearish change47.145.8
HCOB Services PMIBearish change48.447.8
Consumer ConfidenceBullish change-15.5-14.9
Producer Price Index (MoM)Bearish change0.2%-0.4%
Producer Price Index (YoY)Bullish change-4.4%-4.1%
ZEW Survey – Current SituationBullish change-81.7-80.5
ZEW Survey – Economic SentimentBullish change19.931.7
ZEW Survey – Economic SentimentBullish change2533.5
Core Harmonized Index of Consumer Prices (MoM)(no change)0.7%0.7%
Core Harmonized Index of Consumer Prices (YoY)(no change)3.1%3.1%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Consumer Price Index (EU Norm) (YoY)Bearish change0.9%0.8%
Consumer Price Index (YoY)(no change)0.8%0.8%
Consumer Price Index (EU norm) (YoY)Bullish change3.1%3.2%

About Trade Balance s.a.

Country:Germany
Currency:EUR
Source:Federal Statistics Office of Germany
Category:Capital Flows
Frequency:Monthly

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?