Germany’s Trade Balance Declines

Trade results for October show that Germany’s trade surplus narrowed from US$20.6 billion (15.4 billion euros) to US$19.1 billion (14.3 billion euros) in September. During the month, exports fell by 1.1 percent while imports rose 0.3 percent. The news casts a chill over the entire eurozone as Germany’s economy is one of the few bright spots in the region.

Source: BBC News

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.