Trade Balance
2020-02-10 15:00
DKK
- 10.2
- --
- 10.6
The Trade Balance released by the Statistics Denmark is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Danish Krone. If a steady demand in exchange for Danish exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the Krone.