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Seasonally Adjusted Trade Balance in the Eurozone

Country:
EUREurozone
Importance:
Data Trends
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ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Seasonally Adjusted Trade Balance in the Eurozone

The seasonally adjusted trade balance is an indicator that shows the difference between exports and imports in the Eurozone. This data is published monthly by Eurostat and provides data adjusted for seasonal variations.

The seasonally adjusted trade balance reflects the actual state of the economy, devoid of seasonal factors, and is crucial for assessing long-term trade trends. A trade surplus, where exports exceed imports, indicates that trade is positively impacting the economy. Conversely, a trade deficit, where imports exceed exports, indicates that trade is negatively impacting the economy.

This data serves as a reference for policymakers to evaluate trade and economic policies and to formulate appropriate measures. It also provides essential information for businesses and investors to understand trade trends and forecast economic prospects.

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