Source | |
Measures | Difference in value between imported and exported goods and services during the reported month; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 35 days after the month ends; |
Next Release | |
FF Notes | The goods portion has a muted impact because it's a duplicate of the Goods Trade Balance data released about 5 days earlier. A positive number indicates that more goods and services were exported than imported; |
Why Traders Care | Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; |
Also Called | International Trade in Goods and Services; |