Market news

Show news:
  • All news
  • Currency news
  • Stock news
  • Raw news



19.11.2019 17:19

Eurozone current account surplus fell slightly in September

According to the report from European Central Bank (ECB), the current account of the euro area recorded a surplus of €28 billion in September 2019, compared with a surplus of €29 billion in August 2019. Surpluses were recorded for goods (€27 billion), services (€10 billion) and primary income (€4 billion). These were partly offset by a deficit for secondary income (€13 billion).

In the 12 months to September 2019, the current account recorded a surplus of €321 billion (2.7% of euro area GDP), compared with a surplus of €378 billion (3.3% of euro area GDP) in the 12 months to September 2018. This decline was mainly driven by a smaller surplus for services (down from €118 billion to €77 billion) and a larger deficit for secondary income (up from €139 billion to €160 billion). These developments were partly offset by a bigger surplus for goods (up from €315 billion to €321 billion), while the surplus for primary income remained stable over the same periods at €84 billion.

In the financial account, euro area residents made net acquisitions of foreign portfolio investment securities totalling €234 billion in the 12-month period to September 2019 (down from €335 billion in the 12 months to September 2018). Over the same period, non-residents made net acquisitions of euro area portfolio investment securities amounting to €246 billion (up from €141 billion).


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

September 2020
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00