Current Account Balance

Type: Keyphrase
Name: Current Account Balance
First reported 2 hours ago - Updated 2 hours ago - 1 reports

SBP data: Current account deficit clocks in at $1.33b

Widens by $62m during Jul-Sept over the same period previo­us year.In September alone, the current account balance clocked up in the positive territory with a surplus of $3 million. In contrast, it was negative in August with a deficit of $560 million. ... [Published The Express Tribune - 2 hours ago]
First reported 14 hours ago - Updated 3 hours ago - 1 reports

Euro Mixed Ahead Of Eurozone Current Account Data

BRUSSELS (Alliance News) - At 4 am ET Monday, the European Central Bank will release its current account balance figures for August. In July, the surplus was at EUR 18.7 billion.The euro showed mixed trading against the other major currencies before the ... [Published London South East - 14 hours ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

US stock market, economy and companies update (October 20, 2014)

and Nasdaq are seeing modest gains this morning after a wild week, while the DJIA is being weight down by the 8% slide in IBM shares. As of writing, the DJIA is down 0.28%, the S&P500 is up 0.29% and the Nasdaq is up 0.65%.All has been quiet on the Ebola ... [Published Stock Markets Review - 5 hours ago]
First reported 18 hours ago - Updated 6 hours ago - 1 reports

India deregulates diesel prices, increases natural gas prices

Effectively eliminating subsidies.Domestic prices have been raised in a staggered manner since January 2013. As of September, losses on the sale of subsidised fuel were wiped out because of a sharp decline in global prices.According to a report by DBS, ... [Published Singapore Business Review - 18 hours ago]
First reported 14 hours ago - Updated 10 hours ago - 2 reports

Eurozone Current Account Surplus Narrows in August

By Emese BarthaFRANKFURT--The eurozone's current account surplus narrowed in August from an upwardly revised surplus in July, as the services' surplus shrank on the month, data from the European Central Bank showed on Monday.The current account balance, ... [Published 4 Traders - 14 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Bangladesh - Development update

Asset quality, asset value, auction, auctions, balance of payment, balance of payments, bank financing, bank rate, banking assets, banking sector, banking system, basis ...See More + points, bill, binding constraint, blue chip, bonds, Broad Money, Budget ... [Published World Bank - 10 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Asian Session Forex Recap – Oct. 20, 2014

U.K. Rightmove HPI up by 2.6% in Oct Nikkei up by 3.98% gain for today RBA Assistant Gov Kent: Inflation to stay within 2-3% target German PPI and euro zone current account balance dueGaps… gaps everywhere! Yen pairs opened higher over the weekend, ... [Published BabyPips.com - 14 hours ago]
First reported 18 hours ago - Updated 18 hours ago - 1 reports

German Producer Prices Due On Monday

German producer prices and eurozone current account balance are among the handful of economic data scheduled for release on Monday.At 2 am ET, German statistical office Destatis is scheduled to release its producer prices report. Producer prices are expected ... [Published RTTNews.com - 18 hours ago]
First reported Oct 19 2014 - Updated Oct 19 2014 - 1 reports

Expert: Fuel Subsidy Cut Not Enough to Reduce Account Deficit

TEMPO.CO , Jakarta -  Former Governor of Bank Indonesia Darmin Nasution said the increase in the prices of subsidized oil fuels would not help much in reducing current account deficit.The fuel price hike would not reduce fuel imports as higher prices ... [Published Tempo.co - Oct 19 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

ADB downgrades Phl growth outlook

MANILA, Philippines - Lower government spending, higher inflation, and monetary tightening forced the Asian Development Bank (ADB) to revise its economic outlook on the Philippines downwards.In its updated Asian Development Outlook 2014 report, the ADB ... [Published Philippine Star - Oct 18 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 2 reports

How falling crude prices impact India's GDP, inflation

Moneycontrol BureauLed by hopes of an increase in supply thanks to the US shale boom as well as prospects of weakness in the global economy, international crude oil prices have been on the decline over the past several months.In September, the cost for ... [Published Moneycontrol.com - Oct 16 2014]
First reported Oct 14 2014 - Updated Oct 15 2014 - 2 reports

Trade deficit again in August after surplus in July

Bangladesh entered the trade deficit territory again in August after a month because of higher import payments and relatively lower export earnings, officials said Tuesday.The country's overall trade deficit widened by more than 26 per cent to US$999 ... [Published Financial Express Bangladesh - Oct 15 2014]

Quotes

...The lower guidance was chalked up to a change in accounting for earnings. IBM CEO Rometty warned that IBM "saw a marked slowdown in September in client buying behavior, and our results also point to the unprecedented pace of change in our industry." IBM also said it reached a deal to divest its microelectronics business to Globalfoundries, in a deal requiring it to pay $1...
"Finally, impact on CPI inflation will be marginal given that the basket is predomi­nantly made of food and non-tradable non-food products. A 10% movement in crude oil prices below the baseline will lower headline CPI by 20bps, as noted by the central bank. Some of this positive impact might be however offset by higher piped gas and utility prices" DBS Bank added
"Last year, I was perhaps the only bull left in the market" is Madhusudan Kela's opening sentence...
"Assuming that the price hike would save Rp47 trillion in subsidy, but the fund would be used more to cover fiscal shortage, while it is not easy to change the habit in consumption" he said

More Content

All (245) | News (207) | Reports (0) | Blogs (37) | Audio/Video (1) | Fact Sheets (0) | Press Releases (0)
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From tapering to tightening : the impact of the... [Published World Bank - 35 mins ago]
SBP data: Current account deficit clocks in at ... [Published The Express Tribune - 2 hours ago]
US stock market, economy and companies update (... [Published Stock Markets Review - 5 hours ago]
Bangladesh - Development update [Published World Bank - 10 hours ago]
Wall Street's Optimism Moderates [Published RTTNews.com - 12 hours ago]
Eurozone Current Account Surplus Narrows in August [Published 4 Traders - 14 hours ago]
Asian Session Forex Recap – Oct. 20, 2014 [Published BabyPips.com - 14 hours ago]
Eurozone current account surplus narrows in August [Published Business Spectator - 14 hours ago]
Euro Mixed Ahead Of Eurozone Current Account Data [Published London South East - 14 hours ago]
Govt deregulates diesel prices, raises gas: DBS... [Published MyIris - 16 hours ago]
German Producer Prices Due On Monday [Published RTTNews.com - 18 hours ago]
India deregulates diesel prices, increases natu... [Published Singapore Business Review - 18 hours ago]
When the patient is in ICU, you can't give ster... [Published Business Standard India - Oct 19 2014]
Expert: Fuel Subsidy Cut Not Enough to Reduce A... [Published Tempo.co - Oct 19 2014]
ADB downgrades Phl growth outlook [Published Philippine Star - Oct 18 2014]
Russia Cut to Baa2 by Moody's As Ukraine Sancti... [Published Latin American Herald Tribune - Oct 18 2014]
Kazakhstan hopes to finalise WTO membership tal... [Published Business New Europe - Oct 17 2014]
India’s perennial problem: A current account de... [Published Yahoo! Finance - Oct 17 2014]
CAD Adjusts Pre-CPI, BRL Highly Volatile [Published Action Forex - Oct 17 2014]
Italy Current Account Balance Due On Friday [Published RTTNews.com - Oct 17 2014]
Better facilities sought for expats [Published The News International - Oct 17 2014]
How falling crude prices impact India's GDP, in... [Published Moneycontrol.com - Oct 16 2014]
Lithuania's current account balance in August a... [Published The Baltic Course - Oct 16 2014]
Crude dips: How it impacts India's GDP, inflation [Published Moneycontrol.com - Oct 16 2014]
European Market Update: Oil Price Slumps Continues [Published Action Forex - Oct 15 2014]
Trade deficit again in August after surplus in ... [Published Financial Express Bangladesh - Oct 15 2014]
Tunisia: R&I Affirms BBB-,Negative,Removes from... [Published Noodls - Oct 15 2014]
U.K. Jobs Report Due On Wednesday [Published RTTNews.com - Oct 15 2014]
12 Charts That Show The Permanent Damage That H... [Published Zero Hedge - Oct 15 2014]
Fitch Places France's 'AA+' IDR on Rating Watch... [Published Yahoo! Finance - Oct 14 2014]
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Blogs

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12 Charts That Show The Permanent Damage That H... [Published Zero Hedge - Oct 15 2014]
Submitted by Michael Snyder via The Economic Collapse blog , Most people that discuss the "economic collapse" focus on what is coming in the future.  And without a doubt, we are on the verge of some incredibly hard times.  But what often gets neglected ...
"De-Dollarizing" Russia Pays Down Near-Record $... [Published Zero Hedge - Oct 10 2014]
Despite the reassuring narrative from The West that Russia faces "costs" and is increasingly "isolated" due to sanctions for its actions in Ukraine, the most recent data suggests reality is quite different. First, capital outflows slowed dramatically ...
The Rise And Fall And Rise And Fall Of King Dol... [Published The Cobden Centre - Oct 09 2014]
As stated in the preceding column, here, eminent labor economist Jared Bernstein recently called, in the New York Time s , for the dethroning of “King Dollar,” claiming that the reserve currency status of the dollar has cost the United States as many ...
"Clueless", Reaccomodating Fed Spurs Epidemic O... [Published Zero Hedge - Oct 09 2014]
“ If it wasn’t obvious that Fed normalization was going to be difficult, it should be now. Risk assets don’t appear to be ready for significant removal of accommodation".       - Deutsche Bank's Dominic Konstam So much for "the recovery" (in the ...
Japan Current Account Narrows in August But Bea... [Published OANDA Forex Blog - Oct 08 2014]
Japan’s current account balance narrowed in August but remained in the black for a second straight month, buoyed by income from overseas investments. The unadjusted current account surplus narrowed to 287.1 billion yen in August from a surplus of 416.7 ...
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Asia Day Ahead: Indonesia vote won't see fairy ... [Published Reuters Video: Business - Jul 07 2014]
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