The typical/expected market impact of this event is low.
The consensus forecast for Current Account is $-440B. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Current Account was $-303.9B against a forecast of $-325.5B.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Current Account result:
Country: | United States |
---|---|
Currency: | USD |
Source: | US Bureau of Economic Analysis |
Category: | Capital Flows |
Frequency: | Quarterly |
Australia | Trade Balance (MoM) | ||
Australia | Exports (MoM) | ||
Australia | Imports (MoM) | ||
Canada | Current Account | ||
China | Imports (YoY) | ||
China | Exports (YoY) | ||
China | Trade Balance USD | ||
China | Trade Balance CNY | ||
China | Imports (YoY) CNY | ||
China | Exports (YoY) CNY | ||
Germany | Trade Balance s.a. | ||
Japan | Merchandise Trade Balance Total | ||
Japan | Exports (YoY) | ||
Japan | Imports (YoY) | ||
Japan | Current Account n.s.a. | ||
New Zealand | Exports | ||
New Zealand | Trade Balance NZD (YoY) | ||
New Zealand | Imports |