Free Trial

MNI DATA PREVIEW: Germany Trade Balance June 2019

     LONDON (MNI) - GERMAN DATA: Trade Balance (Jun 2019) Preview - 07:00 BST
---------------------------------------------------------------------- 
- Trade Bal: Bbg Consensus: EUR19.5bn (nsa); Prev (May): EUR20.6bn (nsa) 
- Exports: Bbg Cons: 0.0% m/m (sa); Prev (May): 1.1% m/m (sa), 4.5% y/y (nsa) 
- Imports: Bbg Cons: 0.3% m/m (sa); Prev (May): -0.5% m/m (sa), 4.9% y/y (nsa)
- Germany's sa trade surplus expanded by EUR1.7bn in May to reachEUR18.7bn 
- The value of exports rose by 1.1% m/m, after a steep 3.4% decline in Apr...
- ... and markets look for a flat export performance in Jun 
- And with slowing global growth, external demand looks set to remain
disappointing in the coming months 
- Imports are expected to rebound mildly in Jun after a 0.5% m/m contraction in
May
--MNI London Bureau; +44 0203 865 3814; email: irene.prihoda@marketnews.com
[TOPICS: MAGPR$,M$E$$$,M$G$$$,M$X$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.