Trade Balance; non-EU
2020-02-11 17:30
GBP
- 1.734
- -2.584
- 6.721
The Trade Balance released by National Statistics 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 GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.