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Canada Q2 current account -$6.63 billion vs -$11.2 billion expected

Canada Q2 current account -$6.63 billion vs -$11.2 billion expected
Prior -$6.17 billion; revised to -$3.17 billionThe current account deficit widened in Q2 but less than anticipated at least. Of note, the trade in goods balance moved into a deficit position for the first time in two years, mostly as a result of lower exports of energy products and farm, fishing, and food products. Meanwhile, the trade in services deficit was seen narrowing. This article was written by Justin Low at www.forexlive.com... Read More
Posted: Aug 31 2023, 12:30
Author Name: forexlive
Views: 092137

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