Economic Calendar

  • Aug
    11
    Sun
  • Aug
    12
    Mon
  • Aug
    13
    Tue
  • Aug
    14
    Wed
  • Aug
    15
    Thu
  • Aug
    16
    Fri
  • Aug
    17
    Sat
Aug
16
FridayImpactActualForecastPreviousDetails
09:00
EUR
Trade Balance
low
17.9B18.5B19.6B*

Trade Balance

09:00
EUR
ImpactActualForecastPrevious
low
17.9B18.5B20.2B

Details

Source
Eurostat
Measures
The seasonally adjusted difference in value between the country's imports and exports. A positive trade balance (trade surplus) means that more exports than imports, while a negative trade balance (trade deficit) indicates more imports than exports.
Usual Effect
Tends to have a muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier trade data.
Frequency
Monthly
Next Release
Sep 13, 2019
Why Traders Care
A trade surplus translates to an increased demand for the currency because foreigners need to buy more of the local currency in order to make their purchases. It could also suggest economic growth as increases in export demand typically boost the productivity of local manufacturers.
12:30
USD
Building Permits
med
1,336.0k1,270.0k1,232.0k*
12:30
USD
Housing Starts
med
1,191.0k1,257.0k1,241.0k*
14:00
USD
UoM Consumer Sentiment Index
high
92.197.098.4

One never learns to understand anything but what one loves. Johann Wolfgang von Goethe