South Korea Has $7.91 Billion Current Account Surplus
https://forex-images.instaforex.com/analysts/big_preview/south-korea/1.jpg
South Korea posted an unadjusted current account surplus of $7.91 billion in July, the Bank of Korea said on Thursday - remaining in the black for the 29th consecutive month. The headline figure is little changed from June's surplus of $7.92 billion. The goods account surplus widened to $6.86 billion, from $6.65 billion in the previous month. The services account deficit narrowed to $0.01 billion from $0.58 billion a month earlier as deficit on the use of intellectual property account improved, the bank said. The primary income account surplus narrowed to $1.49 billion from $2.23 billion in the previous month due to a substantial decrease in income on the equity account. The secondary income account recorded a deficit of $0.43 billion. The financial account recorded a net outflow of $5.92 billion, down from $9.84 billion in June. Direct investment recorded a net outflow of $1.01 billion down from $2.06 billion a month earlier, as residents' outward investment decreased. Portfolio investment recorded a net outflow of $1.74 billion, down from $4.22 billion in June, due primarily to a large net inflow of foreign investors' equity securities investment. Financial derivatives posted a net inflow of $0.50 billion. Other investment shifted to a net outflow of $0.34 billion, from a net inflow of $0.28 billion in the previous month due mostly to increased lending by domestic financial institutions. Reserve assets increased by $3.33 billion. Through the first seven months of 2014, the current account surplus is $47.1 billion.
News are provided by InstaForex.
Topic: Forex News from InstaForex - page 2. (Read 2197 times)
South Korea Consumer Confidence Rises In August
https://forex-images.instaforex.com/analysts/big_preview/south-korea/6.jpg
An index measuring consumer confidence in South Korea was up in August, the Bank of Korea said on Wednesday, coming in with a score of 107.0 - up from 105.0 in July. Consumer sentiment on current living standards was one point higher than in the previous month at 92, while that for their outlook remained the same at 100. Consumer sentiment regarding current domestic economic conditions was up by six points compared to July, at 81, while that for their future outlook was eight points higher at 100. Consumer sentiments on prospective changes in household income and on expected spending stood at 101 and 109 respectively, unchanged from the month before. The expectation for inflation over the following year was 2.8 percent.
News are provided by InstaForex.
https://forex-images.instaforex.com/analysts/big_preview/south-korea/6.jpg
An index measuring consumer confidence in South Korea was up in August, the Bank of Korea said on Wednesday, coming in with a score of 107.0 - up from 105.0 in July. Consumer sentiment on current living standards was one point higher than in the previous month at 92, while that for their outlook remained the same at 100. Consumer sentiment regarding current domestic economic conditions was up by six points compared to July, at 81, while that for their future outlook was eight points higher at 100. Consumer sentiments on prospective changes in household income and on expected spending stood at 101 and 109 respectively, unchanged from the month before. The expectation for inflation over the following year was 2.8 percent.
News are provided by InstaForex.
Dear traders, participants and guests of the portal!
In this thread we present fresh Forex news. Our news contain exhaustive information about topical events and facts of the financial world; we offer international statistical data in order to help you correct and enhance your trading strategy. We also present video news from InstaForex-TV portal. InstaForex-TV channel provides the latest information about fluctuations of currency rates and forecasts their influence on the future movement of currencies. Our news will be especially useful if you prefer intraday trading and use fundamental analysis.
In this thread we present fresh Forex news. Our news contain exhaustive information about topical events and facts of the financial world; we offer international statistical data in order to help you correct and enhance your trading strategy. We also present video news from InstaForex-TV portal. InstaForex-TV channel provides the latest information about fluctuations of currency rates and forecasts their influence on the future movement of currencies. Our news will be especially useful if you prefer intraday trading and use fundamental analysis.
Jump to: