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Eurozone Current Account

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Eurozone Current Account

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Status

 
Latest Release
Aug 18, 2017
Actual
21.2B
Previous
30.5B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the exports the data can have a sizable affect on the EUR.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Importance:
Country:
Currency: EUR
Source: European Central Bank
Eurozone Current Account
 
Release Date Time Actual Forecast Previous
Aug 18, 2017 (Jun) 04:00 21.2B   30.5B
Jul 20, 2017 (May) 04:00 30.1B 23.3B 23.5B
Jun 20, 2017 (Apr) 04:00 22.0B 31.3B 35.7B
May 19, 2017 (Mar) 04:00 34.1B 32.3B 37.8B
Apr 21, 2017 (Feb) 04:00 37.9B   26.1B
Mar 22, 2017 (Jan) 05:00 24.1B 29.3B 30.8B

News

Euro zone current account surplus falls to one-year low
Euro zone current account surplus falls to one-year low By Reuters - Mar 22, 2017

FRANKFURT (Reuters) - The euro zone's current account surplus fell to its lowest in a year in January as exports fell and transfer payments to outside the bloc rose slightly, data from the European ...

Euro zone current account 24.1B vs. 29.3B forecast
Euro zone current account 24.1B vs. 29.3B forecast By Investing.com - Mar 22, 2017

Investing.com - The euro zone’s current account fell more-than-expected last month, industry data showed on Wednesday.In a report, European Central Bank said that Euro zone current account fell ...

Analysis

Olimpiu Tuns
EUR/JPY Downside Confirmed August 18, 2017 By Olimpiu Tuns - Aug 18, 2017

EUR/JPY On The Way Down EUR/JPY is trading in the red and look too heavy to be stopped on the short term. Has managed to drop below the 128.04 previous low confirming a further drop in the upcoming ...

Kenny Fisher
DAX Gains Ground Ahead Of ECB Decision By Kenny Fisher - Jul 20, 2017

The DAX index has posted gains in the Thursday session. Currently, the DAX is trading at 12,497.00, up 45% on the day. In economic news, today’s highlight is the monthly ECB policy meeting. ...

Current Account Discussion

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All Comments (3)
Suriya Puikame
Suriya Puikame Nov 19, 2014 8:33AM GMT
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wil up .ok
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feysal nasir
feysal nasir Jul 17, 2014 11:04PM GMT
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forecast 22.5
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Chondon Golam Moinuddin Hossain
Chondon Golam Moinuddin Hossain Jan 18, 2015 10:10AM GMT
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How did you know it? please share link
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