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Eurozone Trade Balance – negative

Eurozone Trade Balance (May) – Actual: 18.8B; Forecast: 22.3B; Previous: 24.9B;

The Trade Balance (May) data is a lower than expected reading and should be taken as bearish for the EUR.

The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

 

Eurozone Consumer Price Index (CPI) YoY – Actual: 0.2%; Forecast: 0.2%; Previous: 0.2%;

The CPI is as expected. Without efekt  for the EUR

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

 

 


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