Eurozone Trade Balance For August 6.7B Vs. 6.5B Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone trade balance for August was reported at 6.7 billion, slightly higher than the prior figure of 6.5 billion.
October 16, 2023 | 9:00 am
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NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be impacted by the news of the Eurozone's trade balance, as it tracks the performance of many European companies.
The Eurozone's trade balance can influence the performance of European companies, which in turn can impact the performance of VGK. However, the slight increase in the trade balance is unlikely to have a significant impact in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50