The EuroZone’s current account surplus has narrowed significantly, with the latest figure standing at €11.9 billion, down from the previous €29.8 billion. This represents a substantial decrease of €17.9 billion, indicating a lower surplus compared to the prior period.
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The actual current account figure fell short of analyst estimates, which anticipated a surplus of €22.5 billion. This unexpected shortfall may exert downward pressure on EuroZone stocks, particularly in export-driven sectors, as it suggests weaker external demand. The market impact is likely to be more sentiment-driven in the short term, as investors reassess trade dynamics and potential policy adjustments.