Current Account (Balance of Payments)


for example, forex
Country: USA
Definition: The indicator measures the payments that flow between any individual country and all other countries
Description: Balance between payments to foreigners (debits) and payments received from foreigners (credits) includes: trade balance or trade gap and capital payments gap. Credits surplus over debits makes balance of payments and causes the national currency growth. Debits surplus over credits makes current account deficit and causes the national currency fall
Influence: Current account surplus is a favorable signal of the national currency growth
Market Importance: 3
Released: Released quarterly at the mid of month at 10:00 AM ET
Source: Federal Reserve (FRS)

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