Source | |
Measures | Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous month; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 50 days after the month ends; |
Next Release | |
FF 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; |