Italy Balance of Trade
When compared to the previous year, Italy's trade surplus in 2017 dropped to EUR 47 billion, down from a record high of EUR 50 billion. Imports increased by 9% to EUR 401 billion, the highest level since 2011, while exports increased by 7% to an all-time high of EUR 448 billion. The largest trade surpluses were recorded with the United States, the United Kingdom, France, Switzerland, Poland, and Japan; the largest trade deficits were reported with China, the Netherlands, Germany, Belgium, and Russia.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0299 -3 pips |
1.0691 -389 pips |
1.03023 | |
| EURAUD |
|
|
1.6405 -215 pips |
1.6651 -31 pips |
1.66200 | |
| EURJPY |
|
|
155.4701 -619 pips |
163.8149 -215 pips |
161.661 | |
| EURCAD |
|
|
1.4679 -108 pips |
1.4863 -76 pips |
1.47870 | |
| EURCHF |
|
|
0.9383 -11 pips |
0.9634 -240 pips |
0.93935 | |
| EURCZK |
|
|
25.2779 +552 pips |
0 +252227 pips |
25.22270 | |
| EURGBP |
|
|
0.8388 -49 pips |
0.8428 +9 pips |
0.84366 | |
| EURHUF |
|
|
400.2389 -1026 pips |
405.7967 +470 pips |
410.50 | |
| EURNOK |
|
|
11.3396 -3641 pips |
11.7969 -932 pips |
11.7037 | |
| EURNZD |
|
|
1.8046 -335 pips |
1.8384 -3 pips |
1.83809 |
News (EUR)
German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.
RTTNews | 6h 1min ago
German Industrial Output & Exports Recover
Germany's industrial production and exports rebounded in November but the underlying picture remained pretty grim amid job cuts in manufacturing and the possible hike in trade tariffs by the U.S. Industrial output increased a more-than-expected 1.5 percent on a monthly basis, in contrast to the revised 0.4 percent decrease in October, data from Destatis revealed Thursday.
RTTNews | 6 days ago
Eurozone Retail Sales Rise Less Than Forecast
Driven by food and auto fuel turnover, Eurozone retail sales registered a marginal growth, which was weaker than expected in November, reflecting subdued household consumption towards the end of 2024. Retail sales grew 0.1 percent on month in November after easing 0.3 percent in October, data from Eurostat showed Thursday. Sales were expected to climb 0.3 percent.
RTTNews | 6 days ago
