Europe’s current account provides a point of light – in the past two months Europe enjoys a surplus in the overall difference between exports and imports of services, incomes and goods. The surplus is expected to go down to 6.2B.
Complementing on the trade balance figure, Europe’s current account will probably show a deficit as well. This deficit has ballooned from 7.4 to 13.1B last time,but economists expect it to squeeze this time to 6.2 billion.