FOREX TradingCharts.com

Financial News: Eurozone Current Account Surplus Rises In August

Eurozone Current Account Surplus Rises In August

10/20/2017 - 04:36:00 (RTTNews)

(RTTNews) - The euro area current account surplus rose to the highest level in more than a year in August, the European Central Bank said Friday.

The current account surplus rose to EUR 33.3 billion in August from EUR 31.5 billion in July. This was the highest since May 2016.

The surplus on trade in goods increased to EUR 28.2 billion from EUR 26.5 billion in the previous month. Meanwhile, the surplus on services declined to EUR 7.2 billion from EUR 8.1 billion.

Likewise, primary income fell to EUR 10.3 billion from EUR 11.7 billion a month ago.

At the same time, secondary income showed a shortfall of EUR 12.4 billion versus EUR 14.8 billion in the previous month.

On an unadjusted basis, the current account surplus fell to EUR 29.6 billion from EUR 37.1 billion in July.

The 12-month cumulated current account for the period ending in August registered a surplus of EUR 338.5 billion, equivalent to 3.1 percent of euro area GDP.

In the financial account, combined direct and portfolio investment recorded net acquisitions of assets of EUR 82 billion and net disposals of liabilities of EUR 7 billion.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Swiss Trade Surplus Falls In October (24 min(s), 41 sec(s) ago)
(RTTNews) - Switzerland's trade surplus declined in October, figures from the Federal Customs ...Full Story»

Finland Jobless Rate At 14-Month Low (36 min(s), 41 sec(s) ago)
(RTTNews) - Finland's unemployment rate decreased in October to the lowest level in more than ...Full Story»

Youth Unemployment Likely To Rise In 2018: ILO (58 min(s), 41 sec(s) ago)
(RTTNews) - Overall economic growth continues to be disconnected from employment growth, and econo ...Full Story»

European Economics Preview: UK Public Sector Finance Data Due (01 hr(s), 53 min(s), 41 sec(s) ago)
(RTTNews) - Public sector finance from the UK is due on Tuesday, headlining a light day for the Eu ...Full Story»

BoE's Ramsden Says Workers Turn More Flexible To Wage Demand Since Brexit (02 hr(s), 10 min(s), 41 sec(s) ago)
(RTTNews) - UK workers responded to uncertainties about the outlook by showing even more flexibili ...Full Story»

Japan All Industry Activity Index Declines More Than Forecast (36 min(s), 19 sec(s) ago)
(RTTNews) - Japan's all industry activity decreased at a faster-than-expected pace in Septembe ...Full Story»

New Zealand Credit Card Spending Rises For Second Month (16 min(s), 19 sec(s) ago)
(RTTNews) - Total credit card spending in New Zealand increased for the second straight month in O ...Full Story»

Australia's Consumer Confidence Strengthens (05 min(s), 19 sec(s) ago)
(RTTNews) - Australia's consumer confidence strengthened during the week ended November 19 to ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Swiss Trade Surplus Falls In October

11/21/2017 - 02:40 AM (RTTNews)
(RTTNews) - Switzerland's trade surplus declined in October, figures from the Federal Customs ...Full Story>>

Finland Jobless Rate At 14-Month Low

11/21/2017 - 02:28 AM (RTTNews)
(RTTNews) - Finland's unemployment rate decreased in October to the lowest level in more than ...Full Story>>

Youth Unemployment Likely To Rise In 2018: ILO

11/21/2017 - 02:06 AM (RTTNews)
(RTTNews) - Overall economic growth continues to be disconnected from employment growth, and econo ...Full Story>>

European Economics Preview: UK Public Sector Finance Data Due

11/21/2017 - 01:11 AM (RTTNews)
(RTTNews) - Public sector finance from the UK is due on Tuesday, headlining a light day for the Eu ...Full Story>>

BoE's Ramsden Says Workers Turn More Flexible To Wage Demand Since Brexit

11/21/2017 - 00:54 AM (RTTNews)
(RTTNews) - UK workers responded to uncertainties about the outlook by showing even more flexibili ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.