German Balance of Trade (Nov) 13.1B vs. Exp. 16.5B (Prev. 16.9B, Rev. 16.9B)
Newsquawk Staff ·
German Balance of Trade (Nov) 13.1B vs. Exp. 16.5B (Prev. 16.9B, Rev. 16.9B)
What it means
The German Balance of Trade for November came in at 13.1 billion euros, falling short of expectations of 16.5 billion. This miss, alongside a downward revision of the previous figure, may indicate weakening export performance and could weigh on the euro while bolstering the dollar as traders reassess Europe's economic outlook.
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