US second quarter current account data:
- Prior was -$130.4B (revised to -$136.2B)
- Q2 2018 was -$107.3B
If you look back over the past year, what stands out is the fall in exports to $622B from $633B. That's been buffered by income receipts.
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US Q2 current account balance -$128.2B vs -$127.4B expected
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