Account Deficit

Source: www.iht.com --- 10 days ago
Rising oil prices have driven India's quarterly current Account Deficit to a record US$10.7 billion, the nation's central bank reported Tuesday. ...

Source: www.marketwatch.com --- 24 days ago
WASHINGTON (MarketWatch) - The U.S. current Account Deficit widened to $183.1 billion in the second quarter, or 5.1% of gross domestic product, the Commerce Department reported Wednesday. The increase in the Deficit was accounted for by a decrease in the surplus on income and an increase in the Deficit on goods. Net financial inflows dropped to $136.7 billion in the second quarter from $190.4 billion as acquisitions of U.S. financial assets by foreigners fell sharply. Foreign acquisitions of U.S. assets increased by $26.3 billion after $459 billion in the second quarter. ...

Source: www.marketwatch.com --- 24 days ago
The U.S. current Account Deficit widenes to $183.1 billion in the second quarter, or 5.1% of gross domestic product, the Commerce Department reports. ...

Source: ec.europa.eu --- 29 days ago
The EU27 external current Account recorded a Deficit of 36.3 billion euro in the second quarter of 2008, compared with a Deficit of 18.1 bn in the second quarter of 2007 and a Deficit of 26.5 bn in the first quarter of 2008. ...

Source: www.channelnewsasia.com --- 23 days ago
WASHINGTON: The US current Account Deficit widened to 183.1 billion dollars in the second quarter of 2008, from a downwardly revised 175.6 billion dollars in the first quarter, the Commerce Department said on Wednesday. ...

Source: www.channelnewsasia.com --- 22 days ago
WELLINGTON: New Zealand's current Account Deficit worsened to NZ$3.91 billion (US$2.61 billion) in the June quarter, largely as a result of rising import costs, particularly fuel, officials said Friday. ...

Source: www.nzherald.co.nz --- 22 days ago
New Zealand's current Account Deficit worsened to $3.91 billion in the June quarter, Statistics New Zealand (SNZ) said today. The current Account, also known as the balance of payments, measures all of New Zealand's transactions... ...

Source: www.nzherald.co.nz --- 22 days ago
The recovery in New Zealand's current Account balance shuddered to a halt with the annual Deficit hitting a record $14.97 billion in the June quarter. Main factors swelling the Deficit were a rise in goods imports, mainly petroleum... ...

Source: www.moreover.com --- 17 days ago
Quote.com United States Sep 24 2008 12:48AM GMT ...

Source: www.dnaindia.com --- 10 days ago
India's balance of payments (BoP) during the quarter ending June 30, 2009, was marked by contrarian trends ...

Source: www.tv3.co.nz --- 22 days ago
New Zealand's current Account Deficit worsened to $3.91 billion in the June quarter, Statistics New Zealand (SNZ) said today. ...

Source: www.portfolio.com --- 32 days ago
A roundup of recent noteworthy research: Asset Prices, Exchange Rates and the Current Account Marcel Fratzscher of the ECB, Luciana Juvenal of the St. Louis Fed, and Lucio Sarno of the University of Warwick "This paper analyzes the role of asset prices in comparison to other factors, in particular exchange rates, as a driver of the US trade balance. We find that equity market shocks and housing price shocks have been major determinants of the US current Account in the past, accounting for up to 32% of the movements of the US trade balance at a horizon of 20 quarters. By contrast, shocks to the real exchange rate have been much less relevant , explaining less than 7% and exerting a more temporary effect on the US trade balance. Our findings suggest that sizeable exchange rate movements may not necessarily be a key element of an adjustment of today's large current Account imbalances, and that in particular relative global asset price changes could be a more potent source of adjustment." Friends or Foes? The Stock Price Impact of Sovereign Wealth Fund Investments and the Price of Keeping Secrets Jason Kotter and Ugur Lel of the Federal Reserve "This paper examines the stock price impact of 163 announcements of Sovereign Wealth Fund (SWF) investments. We document an average positive risk-adjusted return of 2.1 percent for target firms during two days surrounding SWF acquisition announcements. The announcement effect is both statistica ...

Source: blogs.cfr.org --- 12 days ago
It is hard to focus on a routine, backward looking data release amid the most profound financial crisis the US has experienced in a long-time — a crisis that in its own way will likely rank among the most significant events of recent history. I am not sure if the (apparent) fall [...] ...

Source: www.dailyfx.com --- 17 days ago
The Euro-Zone posted a July s.a. current Account Deficit of EUR 1.7B, up from a Deficit of EUR 6.1B despite the fact that the trade Deficit widened in... ...

Source: www.dailyfx.com --- 22 days ago
New Zealand’s Current Account sank deeper into Deficit in the second quarter, posting a greater-than-expected shortfall of –NZ$3.91 billion. This brought... ...

Source: www.baltic-course.com --- 15 days ago
The Lithuania"s current Account Deficit totalled 4.8 billion litas (1.4 billion euros) in the second quarter of the year 2008, or 17% of the gross domestic product. Compared to the second quarter of 2007, the current Account Deficit advanced 12.4% (527.7 million litas/ 153.17 million euros). ...

Source: sify.com --- 10 days ago
High cost oil widened the current Account Deficit or the gap between imports on the one hand and exports and ‘invisible’ earnings (comprising software services/remittances) of the country on the other, from about $1 billion in Q4 of 2007-08 to about $0.72 billion in the first quarter of the current fiscal. A year ago, current Account Deficit was at $6.3 billion. This was according to the Balance of Payments statement for the first quarter put out by the Reserve Bank of India. ...

Source: www.radionz.co.nz --- 22 days ago
The current Account Deficit widened to $4.6 billion dollars in the June quarter, taking economists by surprise. ...

Source: www.baltic-course.com --- 12 days ago
Since the second half of the year 2007 when the growth in domestic demand started slowing down, Estonia’s current Account Deficit has fallen as well, writes Postimees Online. ...

Source: www.engineeringnews.co.za --- 13 days ago
Since 2002, South Africa has experienced unprecedented current Account deficits, with the shortfall in what is essentially the broadest measure of trade performance having widened to a 26-year peak of 8,9% of gross domestic product (GDP) in the first quarter of this year, before falling back to 7,3% of GDP in the second quarter. The Deficit, its rise, and its seeming resilience, has led to a degree of anxiety from within, as well as outside, government, with questions being raised about its sustainability. ...