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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 |
|
|
1.0657 -134 pips |
1.0889 -98 pips |
1.07907 | |
| EURAUD |
|
|
1.6763 -290 pips |
1.7149 -96 pips |
1.70534 | |
| EURJPY |
|
|
156.0946 -597 pips |
163.6627 -160 pips |
162.063 | |
| EURCAD |
|
|
1.5148 -225 pips |
1.5484 -111 pips |
1.53733 | |
| EURCHF |
|
|
0.9464 -71 pips |
0.9674 -139 pips |
0.95346 | |
| EURCZK |
|
|
0 -249197 pips |
24.9887 -690 pips |
24.91974 | |
| EURGBP |
|
|
0.8339 -21 pips |
0.8401 -41 pips |
0.83602 | |
| EURHUF |
|
|
395.8930 -434 pips |
404.5721 -434 pips |
400.23 | |
| EURNOK |
|
|
10.2986 -10453 pips |
11.4891 -1452 pips |
11.3439 | |
| EURNZD |
|
|
1.8367 -365 pips |
1.8849 -117 pips |
1.87324 |
News (EUR)
French Consumer Confidence Weakens
French consumer sentiment weakened in March largely due to the deterioration in households' view about future financial situation, monthly survey data from the statistical office INSEE showed on Wednesday. The consumer confidence index fell unexpectedly to 92 in March from 93 in February. The reading was expected to rise to 94.
RTTNews | 4h 51min ago
German Ifo Business Confidence At 8-Month High
German business confidence improved to an eight-month high in March as defense and infrastructure spending plans offset concerns about US trade policies, survey data from ifo Institute showed on Tuesday. The business climate index hit 86.7 in March, up from 85.3 in the previous month. The score was seen at 86.8. The reading was the strongest since last July.
RTTNews | 1 day ago
Eurozone Private Sector Expands For Third Month
Eurozone private sector expanded for the third straight month in March as manufacturing production increased for the first time in two years, joining services in growth territory, data from S&P Global showed on Monday. The HCOB flash composite output index ticked up to 50.4 in March from 50.2 in February. The score has remained above the threshold 50.0 indicating expansion.
RTTNews | 2 days ago
