Current account gap up, capital inflows fall
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Surging oil costs helped widen the   U.S. current account deficit more than expected in the second   quarter and capital flows into the United States in July ebbed,   two government reports showed on Monday.
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The current account deficit of the United States hit a record high of 164.7 billion US dollars in the third quarter of this year as a result of increasing demand for imported
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The huge US trade deficit narrowed in July as imports fell for the first time in 10 months. At $50.1bn, the gap remained the second largest on record.
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The U.S. current account deficit  grew to a record $164.71 billion in the third quarter, less  than had been forecast, the Commerce Department said on  Thursday.
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The dollar hit an eight-month low  against the euro on Tuesday, coming within a cent of a record  low, and set its lowest level in eight years versus Swiss franc  on concerns about the U.S. economy and current account gap.
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For quite sometime now, global economy has been under a lot of pressure. The war in Iraq, the US current account deficit and resulting falling dollar, oil deficit have all contributed to a slowdown in the global economy.
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Retail sales dipped in August and the U.S. gap with its international trade partners widened to a record level in the second quarter of the year, two reports showed today.
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The U.S. current account deficit   widened more than expected in the second quarter to $218.4   billion, as surging oil prices pushed goods imports higher, the   U.S. Commerce Department said on Monday.
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WASHINGTON, August 17 (Xinhuanet) -- Foreign investors increased purchases of US securities in June, showing that foreign demand is sufficient to finance the US current account deficit, the Wall Street Journal reported Tuesday.
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The dollar edged lower against most  currencies on Tuesday after a government report showing  increased capital flows into the United States did little to  soothe worries over the country's large external imbalances.
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The huge U.S. current account  deficit widened in the third quarter to a record $225.6  billion, as gushing oil prices and strong demand for Chinese  and other foreign goods pushed imports higher, a U.S. Commerce  Department report showed on Monday.
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The U.S. current account deficit  widened more than expected in the second quarter to $218.4  billion, as surging oil prices pushed goods imports higher, the  U.S. Commerce Department said on Monday.
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The U.S. current account deficit widened slightly to a record &#36;164.71 billion in the third quarter as the goods trade shortfall grew and the services surplus shrank, the government said on Thursday.
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The huge U.S. current account deficit widened in the third quarter to a record $225.6 billion, as gushing oil prices and strong demand for Chinese and other foreign goods pushed imports higher, a U.S. Commerce Department report showed on Monday.
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The UK's current account deficit narrowed to Â£9.1bn in the three months to June, official figures show.
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Japanâs current account surplus widened in May as a weaker yen increased the value of overseas investments and exports. The surplus expanded 31 percent, to 2.13 trillion yen ($17.5 billion), from a year earlier, the Ministry of Finance said.
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The deficit jumped by 9.3 percent, to $63.1 billion,  the government said, reflecting record oil imports. The deficit with China declined while the weak dollar lifted exports to a record high.