Eurozone current account balance April SA EUR +36.2bln vs EUR +26.3bln prev

Latest Eurozone current account data from the ECB 17 June 2016

• prev revised down from €+27.3bln
• NSA €+34.0bln vs €+31.3bln prev revised down from €+32.3bln
• direct investment inflow €10.7bln vs +€12.6bln prev
• portfolio investment inflow €+118.1 bln vs +9.9bkn prev
• debt investment inflow €+121.7bln vs +6.3bln prev

Investment flows still showing EUR demand.

EURUSD currently 1.1250 with euro pairs still under pressure albeit finding the usual dip-demand