France EUR

France Exports

Impact:
Low

Latest Release:

Date:
Surprise:
€-2B
Actual:
€48.9B
Forecast: €50.9B
Previous/Revision:
€49.3B
Period: May
What Does It Measure?
France's exports measure the total value of goods and services sold by French producers to foreign markets, specifically assessing the performance of the country's external trade. This indicator reflects the strength of the French economy regarding international demand and can signal trends related to production and employment within key industries.
Frequency
The data on France's exports is released monthly, and it typically includes both preliminary estimates and final figures, with preliminary data often published in the first half of the following month.
Why Do Traders Care?
Traders closely examine France's export figures as they significantly impact the Euro's valuation and the performance of European equities, reflecting the overall economic health and competitiveness of the country. Stronger-than-expected export results can be bullish for the Euro and French stocks, while weaker results may have a bearish effect on these assets.
What Is It Derived From?
France's export data is derived from various sources, including customs declarations and survey data from exporters, which are compiled and adjusted for seasonal variations to provide a clear picture of trade activity. The calculation involves aggregating the monetary value of exported goods and services, applying weighting factors to account for major trading partners and industries.
Description
Preliminary reports for France’s exports offer a timely snapshot based on early estimates and may be subject to revisions in final reports, which provide a more accurate assessment released later. Month-over-month (MoM) data is typically emphasized in reports to identify short-term trends and fluctuations in trade activity.
Additional Notes
This export measure functions as a leading economic indicator, offering insights into future economic activity and influencing macroeconomic policies. France's exports are closely monitored globally, as they play a vital role in the European Union's economic landscape and relate to trade dynamics with key partners such as Germany and the U.S.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for the Euro, Bullish for French Stocks. Lower than expected: Bearish for the Euro, Bearish for French Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
€48.9B
€50.9B
€49.3B
€-2B
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