Trade Balance: Department of Commerce; The second week of each month, 8:30am EST, covers month before previous data. The largest component of a country's balance of payments. The balance of trade measures difference between the value of goods and services that a nation exports and the value of goods and services that it imports. A country has a trade deficit if it imports more than it exports, and the opposite scenario is a trade surplus. It is considered as a very big market mover.
We recommend trading forex with Easy-Forex.