U.S. capital flows
The Dollar, Capital Flows, and U.S. Trade Deficit
February 15, 2012
Released data on the the U.S. trade balance each month and current account each quarter seldom evoke an immediate currency market response. The balance of payments, a summary compilation of all transactions with foreigners must net to zero because of the double entry accounting convention that records each item twice but with opposite signs. Portions […] More
U.S. Balance of Payments Dissected
September 16, 2010
Today, the Commerce Department released its second-quarter report on U.S. international transactions, the most comprehensive compilation of the balance of payments, and the Treasury Department published its more timely July monthly figures on international capital flows. Both releases contain a slew of items at varying levels of aggregation. Here are some highlights. The current account […] More
