Raymond Van Der Putten, Research Analyst at BNP Paribas, points out that the German current account surplus, which is estimated at at EUR 264 bn (USD 299 bn) in 2018, is the largest in the world. Key Quotes “The large surplus causes friction with the trading partners, notably the United States. It is also part of the European Commission’s macroeconomic imbalances procedure.” “The surplus is partly related to the ageing of the German population. It is also due to the catching up process of the less-advanced EU countries, which is accompanied by a strong demand for capital goods, for a large part imported from Germany. Since the financial crisis, the growing surpluses of the government and non-financial corporations have played an important role.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Markets following the Brexit closely – Rabobank FX Street 4 years Raymond Van Der Putten, Research Analyst at BNP Paribas, points out that the German current account surplus, which is estimated at at EUR 264 bn (USD 299 bn) in 2018, is the largest in the world. Key Quotes "The large surplus causes friction with the trading partners, notably the United States. It is also part of the European Commission's macroeconomic imbalances procedure." "The surplus is partly related to the ageing of the German population. It is also due to the catching up process of the less-advanced EU countries, which is accompanied by a strong demand for capital goods, for a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
