Germany Trade Balance For July 16.8B Vs. 21.0B Est.; 20.4B Prior
Portfolio Pulse from Benzinga Newsdesk
Germany's trade balance for July was reported at 16.8 billion euros, falling short of the estimated 21.0 billion euros and the prior month's 20.4 billion euros.
September 06, 2024 | 6:04 am
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The iShares MSCI Germany ETF (EWG) may be impacted by Germany's lower-than-expected trade balance for July, which could signal economic challenges.
EWG, an ETF that tracks the German market, could be negatively impacted by the lower-than-expected trade balance, as it may indicate economic challenges in Germany. This could lead to investor concerns and potential short-term price declines.
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