EU

Source: Eurostat The trade balance in both the eurozone and the European Union swung to a deficit in January, driven mainly by the higher imports of energy products during the month. EZU is down 2.14%, while VGK is down 1.12% premarket. The eurozone trade deficit was recorded at €27.2 billion, which reversed the €10.7-billion surplus in the same month last year.Exports of … [Read more...] about Eurozone, EU Open 2022 With Trade Deficits

Source: Eurostat Industrial production in the eurozone was flat and slightly up in the European Union in January, marking a slowdown from the growth recorded in the previous months. EZU is up 0.07%, while VGK is down 0.09%. Industrial production in the eurozone was flat in January, reflecting a three-month low following the 1.3% growth in December and 2.5% in November … [Read more...] about Eurozone, EU Industrial Production Growth Fall to Three-Month Low