At 08:00 (GMT+2), data on the trade balance of Germany for July will be published. The indicator is the ratio between the sum of prices of goods exported outside the borders of a given state and the sum of prices of goods imported into the territory of that state, the difference between exports and imports. The indicator has been holding at 18.1 billion for two months, its growth will lead to the strengthening of the euro, its decline will weaken the currency.
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