HALISTER1: U.S. ECO PREVIEW: Current Account Due in 5 Minutes

U.S. ECO PREVIEW: Current Account Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News.
  • Current Acct. $-123.6b; range $-150b to $-111.4b (28 estimates)
    • The current account is considered the broadest measure of international trade because it tracks good and services as well as income payments and government transfers.
    • In the fourth quarter, the current account trade deficit narrowed to $112.4 billion, the smallest since the second quarter of 2015, bolstered by a larger income surplus.

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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