• +9.3 bln prev revised up from +8.9 bln
  • SA EUR +13.1 bln vs +19.0 bln exp vs +19.8 bln prev revised up from +19.5 bln
  • net investment flow EUR +13.9 bln vs +70.6 bln prev revised up from +60.3 bln

Impressive NSA reading looks less so when seasonally adjusted and the sharp fall in incoming investment will be a concern to the ECB too

Euro generally unfazed though EURUSD 1.3352 EURGBP 0.7994 EURJPY 136.97

Eurozone Current Account SA MM

Eurozone Current Account SA MM