Eurozone February current account SA EUR 37.9bln vs 26.1bln prev

Author: Mike Paterson | Category: News

Eurozone February current account report 21 April

  • prev revised up from 24.1bln
  • current account NSA 27.9 EUR bln vs 3.1bln prev revised up from 2.5bln

Big improvement all round with NSA reading rebounding strongly from 1-year lows prev.

For the latest 12 months the Eurozone's c/a surplus increased to 3.4% of GDP vs 3.2% a year earlier.

EURUSD off its dip lows at 1.0723 as EURGBP bounces to 0.8365 from 0.8354 putting a cap on cable at 1.2830