Trade Balance. UK, 11:30 (GMT+2)


The data on trade balance is due at 11:30 (GMT+2). The deficit balance is expected to reduce to –11.40 billion pounds in November from –11.87 billion a month earlier. The indicator shows gap between export and import of goods and services in monetary terms. A positive value indicates balance proficiency (positive balance) and strengthens GBP, and a negative one shows balance deficiency (negative balance) and weakens the national currency.

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