Investing.com - Investing.com - The euro zone's current account surplus widened less-than-expected in October, official data showed on Wednesday.
In a report, the European Central Bank said that the euro zone current account recorded a seasonally adjusted surplus of EUR3.9 billion in October, up from a surplus of EUR2.4 billion in September, whose figure was revised up from a surplus of EUR0.8 billion.
Economists had expected the region's current account surplus to widen to EUR6.0 billion in October.
The report said that the 12-month cumulated seasonally adjusted current account recorded a surplus of EUR84.3 billion in October, around 0.9% of euro area gross domestic product, compared with a deficit of EUR9.3 billion a year earlier.
Following the release of the data, the euro remained higher against the U.S. dollar, with EUR/USD adding 0.14% to trade at 1.3247.
Meanwhile, European stock markets remained broadly higher after the open. The EURO STOXX 50 rose 0.4%, France's CAC 40 gained 0.3%, London's FTSE 100 eased up 0.3%, while Germany's DAX tacked on 0.15%.
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