Channel ↗
← Economic calendar
🇪🇺 Euro areaMACRO

Balance on Services

Balance on Services · Euro area. An economic indicator in this currency's calendar.

Tuesday 20 October10:00 CEST / 11:00 Kyiv
ACTUAL—Before publication
FORECAST—Pre-release expectation
PREVIOUS12123.3763FXMacroData · ECB · EUR mn · 2026-07-01

01 / WHY IT MATTERS

What changes for traders

The result changes the assessment of the economy and the central bank's future policy.

EURUSDDAX

02 / SCENARIOS

Pre-release scenarios

ABOVE EXPECTATIONS

Above forecast: assess whether it strengthens expectations of tighter policy for EUR.

BELOW EXPECTATIONS

Below forecast: assess whether it strengthens expectations of easier policy for EUR.

Next step

Report components, revisions and changes in rate expectations after release.

Figures and status update automatically after the release is confirmed.Other events