Canada Current Account Hits Record Deficit âšī¸
Canada's current account deficit expanded to a record C$21.2 billion in Q2 2025, with goods exports dropping 13.1% due to US tariffs and a stronger Canadian dollar, while foreign portfolio investors divested C$16.8 billion in Canadian securities.
Macroeconomic indicators suggest significant economic challenges for Canada, with declining exports, substantial trade deficit, and substantial foreign investment withdrawal. These factors could negatively impact market sentiment and economic growth prospects.
Brazil Current Account Deficit Widens in July âšī¸
Brazil's current account deficit expanded to US$7.1 billion in July 2025, with rising primary income gap and narrowing goods trade surplus, reflecting increased imports and moderate export growth.
Macroeconomic indicators suggest moderate economic pressure with widening current account deficit, potentially signaling challenges in trade balance and international financial flows. The moderate import and export growth indicates ongoing economic activity without dramatic shifts.
Spain Current Account Surplus Narrows in June âšī¸
Spain's current account surplus decreased slightly in June 2025, with goods and services surplus falling but income deficit also reducing.
Marginal economic indicator showing minimal macroeconomic shifts, with balanced changes in surplus and deficit components suggesting stable economic conditions.
Mexico Current Account Rebounds in Q2 2025 âšī¸
Mexico reported a Q2 2025 current account surplus of $206 million, reversing a previous year's deficit, driven by improved non-oil goods balance and narrower services deficit.
Macroeconomic data indicates a modest improvement in Mexico's external economic position, with balanced trade dynamics and sustained remittance flows, suggesting stable economic conditions without significant market disruption.