Eurozone November trade data released, showing a decline after seasonal adjustment. The trade surplus reached €10.7 billion, below the expected €15.5 billion, and also lower than October's €14.0 billion (revised to €13.7 billion). Unadjusted data also came under pressure, with a monthly surplus of only €9.9 billion, a significant drop from the previous month's €18.4 billion. This weakening data reflects a downturn in European export prosperity, which may impact risk asset allocation strategies.
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BitcoinDaddy
· 3h ago
European exports are really cooling down; just looking at this data, it's not looking good.
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NoodlesOrTokens
· 4h ago
European exports are underperforming again, and now risk assets need to be recalculated.
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GrayscaleArbitrageur
· 4h ago
European exports have slowed down, these numbers are a bit disappointing.
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NotGonnaMakeIt
· 4h ago
Europe is really struggling now, with exports hitting rock bottom...
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GasFeeVictim
· 4h ago
Europe is starting to drop the ball again. With such poor exports, how can we keep going?
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MetaverseHermit
· 4h ago
Europe is messing up again, with such poor exports, how do they still want to play?
Eurozone November trade data released, showing a decline after seasonal adjustment. The trade surplus reached €10.7 billion, below the expected €15.5 billion, and also lower than October's €14.0 billion (revised to €13.7 billion). Unadjusted data also came under pressure, with a monthly surplus of only €9.9 billion, a significant drop from the previous month's €18.4 billion. This weakening data reflects a downturn in European export prosperity, which may impact risk asset allocation strategies.