ArchivesBalance of PaymentsECBEuro area
Euro Area Portfolio Flows
Today the ECB released the Euro area balance of payments for December. This is a statistical release that is worthy of only the biggest data geeks – but it is quite interesting, especially in forming relationships between FX and capital flows. I’ll demonstrate what’s been going on in EA bond, equity, and money markets in one ... Read more
Balance of PaymentsGlobal ImbalancesInternational Finance
EA BoP Guide: CA and KA – EA too Dependent on Portfolio Inflows?
This is part two of my multi-post commentary on the Euro area Balance of Payments (BoP). Yesterday, in part one, I compared the EA current account balance to its country-level cross section. Today’s post will be more instructive in nature, as I dig into the components of the EA current account (CA) and capital account (KA) balances. My general conclusion ... Read more