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U.K. Current Account

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U.K. Current Account

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Status

 
Latest Release
Dec 22, 2022
Actual
-19.4B
Forecast
-20.8B
Previous
-35.1B
The Current Account Balance calculates the difference in value between exported and imported goods, services and interest payments over the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must use the domestic currency to pay for the nation's exports, the data can have a sizable impact on the GBP.

A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP.
Importance:
Country:
Currency: GBP
Source: Office for National Statistics
U.K. Current Account
 
Release Date Time Actual Forecast Previous
Dec 22, 2022 (Q3) 07:00 -19.4B -20.8B -35.1B
Sep 30, 2022 (Q2) 06:00 -33.8B -43.8B -43.9B
Jun 30, 2022 (Q1) 06:00 -51.7B -39.8B -7.3B
Mar 31, 2022 (Q4) 06:00 -7.3B -17.6B -28.9B
Dec 22, 2021 (Q3) 07:00   -15.6B -8.6B
Sep 30, 2021 (Q2) 06:00 -8.6B -15.6B -12.8B

News

Week ahead: Carnival, Bunzl, Petrofac, Nike and GDP data
Week ahead: Carnival, Bunzl, Petrofac, Nike and GDP data By Proactive Investors - Dec 19, 2022

Proactive Investors - In the week leading up to Christmas, there’s plenty of opportunity for the Santa rally that has been fleetingly glimpsed, though only a small sprinkling of updates from...

UK's NIESR sees budget deficit hitting 8% in 2022/23
UK's NIESR sees budget deficit hitting 8% in 2022/23 By Reuters - Sep 23, 2022

LONDON (Reuters) - Britain's budget deficit looks set to rise to 8% of gross domestic product during the current financial year, the National Institute of Economic and Social Research (NIESR) forecast...

Analysis

Connor Campbell
Is US Jobs Creation Grinding To A Halt? By Connor Campbell - Sep 24, 2020

Barrelling into October renewed covid-19 fears in tow, what will Friday’s nonfarm jobs report tell the markets about the US economy? USThe markets are far more concerned about the pandemic, the...

Current Account Discussion

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