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Non-Seasonally Adjusted Current Account Balance in the Eurozone

Country:
EUREurozone
Importance:
Data Trends
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ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Non-Seasonally Adjusted Current Account Balance in the Eurozone

The unadjusted current account data is part of the Eurozone's balance of payments, showing the net difference between trade, services, income, and transfer payments over a specific period. This data is published monthly by the European Central Bank (ECB) and provides raw data without seasonal adjustments.

The unadjusted current account reflects the economic reality including seasonal factors, making it crucial for assessing trade and service trends during specific seasons. A current account surplus indicates that the Eurozone is increasing its net assets relative to other countries. Conversely, a current account deficit shows that the Eurozone is increasing its net liabilities towards other countries.

This data serves as a reference for policymakers to evaluate trade and economic policies and formulate appropriate measures. It is also an important source of information for businesses and investors to understand trends in the current account and make economic forecasts.

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