Custom-Based Trade Data (USD) (Jul)
Event Data
| Metric | Value |
|---|---|
| Actual | 0.180B ↓ |
| Forecast | 0.940B |
| Previous | 0.950B |
Analysis
The actual value of 0.180B fell short of the forecast of 0.940B, suggesting economic concerns. This can put pressure on the THB currency and may lead to increased market volatility.
Custom-Based Trade Data (USD) (Jul) is an important economic indicator for Thailand. This data is closely monitored by traders, investors, and policymakers to assess the health of the economy and make informed decisions. Regular monitoring of such indicators helps market participants anticipate central bank policy changes and economic trends.
Frequently Asked Questions
What is Custom-Based Trade Data (USD) (Jul)?
Custom-Based Trade Data (USD) (Jul) is an economic indicator released by Thailand that measures important aspects of the economy. This data is closely monitored by traders, investors, and policymakers to gauge economic health and make informed decisions.
Why is this event important?
This event has Low importance for financial markets. It provides valuable insights into the economic conditions of Thailand.
How did the actual value compare to forecasts?
The actual value (0.180B) fell short of the forecast (0.940B), which may indicate economic weakness. This can put pressure on the THB currency.
When was this data released?
This economic data was released on November 8, 2022 at 02:00 UTC. Economic calendars help traders plan around these releases to manage risk and capitalize on market movements.
