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Germany posts world's largest current account surplus

Feb. 19, 2019 3:02 AM ETiShares MSCI Germany ETF (EWG), DAX, GF, DXGE, HEWG, DBGR, EWGS, FGM, FLGREWG, GF, EWGS, FGM, DBGR, DXGE, HEWG, QDEU, DAX, FLGRBy: Yoel Minkoff, SA News Editor21 Comments
  • Germany's current account surplus shrank in 2018, but still remained by far the world’s largest due to strong exports.
  • The measure, which tracks the flow of goods, services and investments, came in at $294B, followed by Japan with $173B, and Russia with a surplus of $116B.
  • The data from the Ifo institute is likely to renew criticism of Chancellor Angela Merkel’s fiscal policies.
  • ETFs: EWG, DAX, GF, DXGE, HEWG, DBGR, EWGS, FGM, QDEU, FLGR

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