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EU Balance of Trade (Dec) 12.6 (Prev. 9.3, Rev. From 9.9)

Newsquawk Staff ·

EU Balance of Trade (Dec) 12.6 (Prev. 9.3, Rev. From 9.9)

What it means

The EU Balance of Trade figure for December has come in at 12.6 billion euros, showing an improvement from the previous reading of 9.3 billion euros, although it was revised slightly downward from 9.9 billion. This positive shift could signal stronger export performance, which may bolster the euro against other currencies, impacting forex flows and potential policy considerations by the ECB regarding trade competitiveness.

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