The Eurozone’s seasonally adjusted trade surplus widened from a revised €1.0bn in June to €5.0bn in July, exceeding the €2.5bn market expectation. Exports increased 1.2% month on month from €257.7bn to €260.8bn, while imports fell 0.4% from €256.7bn to €255.7bn. The EU also improved at the margin: its trade deficit narrowed from €5.9bn to €1.4bn, […]
The post Eurozone Trade Surplus Beats Forecast, but Year-to-Date Cushion Collapses appeared first on ActionForex.
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