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Thursday, August 9, 2012

ALERT :- Slovakian Trade Balance came on 09 Aug 2012

ALERT :- Slovakian Trade Balance came on 09 Aug 2012

Actual 546.60M  
Forecast 445.00M  
Previous 534.10M   

Note :- The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.  A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.  

Analysis :- Slovakia is one of the Euro zone country which has reported not only a very good number in its trade balance also shown a very good improvement in goods and services exported than imported. It is very good signal for Slovakia's economy and markets. 

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