Trade Balance

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may, 2019

23may10:45 pm10:45 pmTrade BalanceTRADERS CAN HOLD ALL POSITIONS THROUGH THIS RELEASE10:45 pm - 10:45 pm UTC Event Type :Low Impact Time has ran out! Better luck next time!

Event Details

What is this event?

Export demand and currency demand are directly linked because foreigners usually buy the domestic currency to pay for the nation’s exports. Export demand also impacts production and prices at domestic manufacturers.

Measures

The difference in value between imported and exported goods during the previous month.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, about 10 days after the month ends.

Source of Data

Statistics New Zealand (latest release)

Time

(Thursday) 10:45 pm - 10:45 pm

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