Current Account

Reallocation to Markets With Safer Current Account Needed, Pictet Says – Bloomberg

Reallocation to Markets With Safer Current Account Needed, Pictet Says<p>Reallocation to Markets With Safer Current Account Needed, Pictet …

Emerging Markets

Turkish assets pressured after fresh rise in current account deficit | Financial Times

Turkish equities, bonds and the lira took a blow on Wednesday after a report that showed the country’s current account deficit rose for the third …

Economics

Does a Capital Account Surplus Necessarily Imply a Trade Deficit?

No.<p>Bob Murphy explains why. He points out that a capital account surplus necessarily implies a current account deficit. But, he notes, a current …

Economics

Fast Europe Open: Turkey current account, Czech Republic CPI | Financial Times

Donald Trump has kicked off the process of imposing tariffs on a further $200bn of imports from China in a significant escalation of the trade war …

Hong Kong

Sudden stops: A primer on balance-of-payments crises | VOX, CEPR Policy Portal

<b>First posted on:</b><p>Money & Banking, 25 June 2018<p>“<i>It is not speed that kills, it is the sudden stop</i>.” <br>—Bankers’ adage, cited by Dornbusch, Goldfajn and …

Economics

France Current Account

Strengthening Of EUR May Worsen European Economic Indicators By Ara Zohrabian - Jan 29, 2018<p>The significant strengthening of the euro may have a …

Globalization

Turkey's Erdogan says to address high interest rates, inflation, current account deficit

ANKARA (Reuters) - Turkey's Tayyip Erdogan said on Saturday he would address the "structural economic problems" of high interest rates and inflation and a wide current account deficit, in his first speech since being re-elected on June 24.<p>"We will take our country much further by solving the …

World News

China reports a current account deficit for 1Q18, the first deficit since early 2010

China reported final current account deficit of $34.1B (1.1% of GDP) for 1Q18, the first deficit since early 2010 citing narrowing trade surplus and …

Business

China reports a rare current account deficit for first quarter

BEIJING (Reuters) - China on Friday posted a final current account deficit of $34.1 billion for the first quarter of 2018, the first deficit since early 2010.<p>The final figure compared with a preliminary deficit of $28.2 billion, the foreign exchange regulator said in a statement.<p>The first quarter …

Business

Egypt current account deficit narrows to $5.3 bln in first nine...

CAIRO (Reuters) - Egypt’s current account deficit narrowed to $5.3 billion in the first nine months of the 2017/18 fiscal year beginning in June from a deficit of $12.5 billion in the same period a year earlier, the central bank said on Thursday.<p>Fishermen travel on a boat in front of a container …

Suez Canal

Lloyds Bank and Bank of Scotland slash current account interest rate

<b>Lloyds Bank and Bank of Scotland will cut the interest paid to current account customers from 2% AER to 1.5% AER from 1 July. So which competitor</b> …

Finance

Rated: the best and worst banks for current account service

First Direct has been voted the bank with the best customer service, with 91pc of its current account holders saying the firm’s service was "great".<p>The bank, which is part of HSBC, has been ranked highest for service in each of Moneysavingexpert's semi-annual surveys since 2010.<p>Only 2pc of First …

Personal Finance (UK)

Swiss current account surplus widens in first-quarter - SNB

ZURICH (Reuters) - Switzerland's current account surplus widened to 18 billion Swiss francs ($18.22 billion) in the first quarter of 2018, the Swiss National Bank said on Monday, 5 billion francs more than the figure a year earlier.<p>"This rise was attributable to the higher receipts surplus on …

Business

Hong Kong Current Account Surplus Shrinks In Q1

Hong Kong's current account surplus decreased in the first quarter from a year ago, figures from the Census and Statistics Department showed …

Hong Kong

South Africa's current account deficit widens in Q1 as exports slump

PRETORIA (Reuters) - South Africa’s current account deficit widened more than expected in the first quarter to register its largest shortfall in two years as the trade balance swung to a deficit after a steep decline in exports, the central bank said on Thursday.<p>Mine workers employed at Sibanye …

South Africa

Rand shrugs off current account deficit to firm in early trade

The rand firmed slightly in early trade on Friday, shrugging off a widening current account deficit to reach its best level this week.<p>At 11:04 it was …

Business (South Africa)

EDITORIAL: Break the addiction to hot money

The latest deficit figure is backward looking, and the current account deficit is expected to narrow later in 2018, thanks to global demand and a …

Economics

SA's current account deficit widens in Q1 as exports slump

PRETORIA - South Africa’s current account deficit widened more than expected in the first quarter to register its largest shortfall in two years as …

South Africa

What you need to know about the widening of South Africa's Q1 current account deficit

PRETORIA (Reuters) – South Africa’s current account deficit widened more than expected in the first quarter to register its largest shortfall in two …

South Africa

First-quarter current account deficit widens more than expected

SA’s current account deficit widened more than expected in the first quarter of 2018 to 4.8% of GDP from 2.9% in the previous quarter and 2% the year …

Economy

SA's current account deficit widens

File: South Africa’s economy was in worse shape in the first quarter of 2018 than what economists expected. The country’s current account deficit …

Economics

U.S. current account deficit widens to 2.5 percent of GDP

WASHINGTON (Reuters) - The U.S. current account deficit widened in the first quarter, driven by increases in goods imports, the Commerce Department said on Wednesday in a report that also showed U.S. firms paid more than $300 billion in dividends from repatriated earnings.<p>The Commerce Department …

Economy

Current account deficit widens to $124.1B

Q1 Current Account: <b>-$124.1B</b> vs. -$129.3B consensus, -$128.2B (revised from $116.1B)<p>Now read: <b>MBA Mortgage Applications »</b>

Business

Current Account Deficit Widens to 2.5 Percent of GDP

The U.S. current account deficit widened in the first quarter, driven by increases in goods imports, the Commerce Department said on Wednesday in a …

Economy

Surplus countries are not to blame for Trump trade follies | Financial Times

It has become conventional wisdom that the recent US tariffs on imports of steel from the EU represent the unavoidable punishment for the excessive …

Economics

The rising risks to financing India’s current account deficit

The higher current account deficit will put downward pressure on the rupee and it may also raise the cost of Indian borrowing abroad. Photo: Hemant …

Economy

7 percent current account deficit, 7 percent GDP growth

Today, we will read statements from politicians talking about Turkey’s “7 percent GDP growth record,” which is highest among G-20 and OECD member …

Economics

In trade dispute, Germany says trade balance only part of current account surplus

BERLIN (Reuters) - The trade balance is only part of the current account surplus, a spokesman for the German government said on Wednesday, amid repeated complaints from U.S. President Donald Trump that the United States has large trade deficits with many countries.<p>Chancellor Angela Merkel said on …

Business

BRIEF-Religare Enterprises Says Delhi HC Restrained Lakshmi Vilas From Debiting Any Sums From Reliagre Finvest's Current Account

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

India

Current Account Gap Widens On Higher Trade Deficit

“The size of the current account deficit in Q4FY18 nearly rivaled the full year deficit recorded in FY17, underscoring the impact that rising …

Economy