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Trade Balance

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  • Business events scheduled for the coming week Friday, 12 Dec 2014 | 1:51 PM ET

    WASHINGTON— Commerce Department releases housing starts for November, 8:30 a.m.; Federal Reserve policymakers begin a two-day meeting to set interest rates. WASHINGTON— Labor Department releases Consumer Price Index for November, 8:30 a.m.; Commerce Department releases current account trade deficit for the third quarter, 8:30 a.m.; Federal Reserve...

  • BEIJING, Dec 8- China's imports fell expectedly in November while export growth slowed, adding to concerns the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. "Despite another record trade surplus, the underlying details paint a grim picture with slower export growth and a...

  • BEIJING, Dec 8- China's exports rose 4.7 percent in November from a year earlier, while imports dropped 6.7 percent, well below expectations and adding to concerns the world's second-largest economy could be facing a sharper slowdown. The readings left the country with a trade surplus of $54.5 billion for the month, the General Administration of Customs said on...

  • U.S. trade deficit narrows slightly; exports rise Friday, 5 Dec 2014 | 8:38 AM ET

    WASHINGTON, Dec 5- The U.S. trade deficit narrowed less than expected in October as lower crude oil prices failed to offset a jump in imports, while an increase in exports suggested the economy was weathering faltering global demand. The Commerce Department said on Friday the trade gap fell 0.4 percent to $43.4 billion. September's shortfall on the trade balance...

  • OTTAWA, Dec 5- Canada's trade surplus in October shrank to C $99 million from C $307 million in September as imports hit a new all-time high, Statistics Canada said on Friday. October marked the sixth consecutive month Canada had recorded a trade surplus, a feat it last achieved in November 2008. As a result, the trade surplus with the United States dropped to C $3.54...

  • BRASILIA, Nov 24- Brazil's current account deficit widened in October from the previous month, highlighting the rapid deterioration of the external accounts as prices of key exports drop sharply. Brazil's current account deficit in September was $7.907 billion. In the last 12 months through October, the current account deficit was equivalent to 3.73 percent...

  • ISTANBUL, Nov 21- Rating agency Standard& Poor's said on Friday it expected Turkey's current account deficit, its main economic weakness, to remain close to 5.3 percent of output until 2017, with falling oil prices helping the economy to rebalance. The agency, which affirmed its unsolicited BB+ rating, one notch below investment grade, said it saw elevated policy...

  • UKRAINE FOREIGN TRADE SURPLUS FOR GOODS SHRINKS TO $803 MLN IN JAN-SEPT FROM $1.2 BLN IN JAN-AUG- STATISTICS COMMITTEE.

  • NEW DELHI/ MUMBAI, Nov 13- India's Finance Ministry and central bank will reconvene in a day or two after failing to come to a decision on Thursday over whether to restrict gold imports after inbound shipments surged in the past two months, pressuring the country's trade deficit. October shipments to India, the world's No.2 gold consumer behind China, jumped to...

  • NEW DELHI, Nov 12- India, the world's third-largest buyer of overseas coal, may be able to stop imports of power-generating thermal coal in the next three years as state behemoth Coal India steps up production, the country's power and coal minister said. "I'm very confident of achieving these targets and am very confident that India's current account deficit will...

  • SHANGHAI, Nov 10- China's exports and large trade surplus in October pointed to signs of manipulation and inflows of speculative hot money, the official Shanghai Securities News said on Monday, suggesting that firms continue to over-invoice trade deals to avoid capital controls. "The possibility of hot money inflows cannot be excluded as Chinese mainland's...

  • China Oct exports up 11.6 pct yr/yr, above f'cast Friday, 7 Nov 2014 | 9:17 PM ET

    BEIJING, Nov 8- China's exports rose an above-forecast 11.6 percent in October from a year earlier, while imports rose 4.6 percent, leaving the country with a trade surplus of $45.4 billion for the month, the General Administration of Customs said on Saturday. The figures compared with market expectations in a Reuters poll of a 10.6 percent rise in exports, a 5.5...

  • German trade surge eases slowdown fears Friday, 7 Nov 2014 | 2:12 AM ET

    BERLIN, Nov 7- Germany exports surged 5.5 percent in September, rebounding from a steep fall in August, and imports pushed up 5.4 percent, helping ease concerns about the extent of a slowdown in Europe's largest economy. The Federal Statistics Office said September's trade surplus stood at 18.5 billion euros, matching a consensus forecast.

  • OTTAWA, Nov 4- A rise in exports and a sharp drop in energy imports caused by refinery shutdowns helped Canada post a surprise trade surplus of C $710 million in September, Statistics Canada data showed on Tuesday. Bank of Canada Governor Stephen Poloz has pointed to longstanding weakness in the export sector as one reason the country's economy is struggling to...

  • *Trade deficit rises to $43.03 billion in September. The Commerce Department said on Tuesday the trade gap increased 7.6 percent to $43.03 billion. "The disappointing performance in export activity suggests that the loss of export competitiveness from the strong dollar and the weak global backdrop are becoming a net drag on U.S. economic activity," said Millan...

  • OTTAWA, Nov 4- A sharp drop in energy imports caused by temporary refinery shutdowns helped Canada post a surprise trade surplus of C $710 million in September, Statistics Canada data indicated on Tuesday. Bank of Canada Governor Stephen Poloz points to long-standing weakness in the export sector as one reason the economy is struggling to reach full potential.

  • WASHINGTON, Nov 4- The U.S. trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth in the final three months of the year. The Commerce Department said on Tuesday the trade gap increased 7.6 percent to $43.03 billion. Exports in September fell 1.5 percent to $195.59...

  • *Exports to U.S., China gain while shipments to EU fall. Shipments were mainly propped up by demand from the United States and China, while consumer goods imports gained, easing concerns over a slow recovery in domestic spending. Exports grew 2.5 percent to $51.8 billion in October from a year earlier and imports fell 3.0 percent to $44.3 billion, the Ministry of...

  • WASHINGTON, Oct 30- A smaller trade deficit and surge in defense spending buoyed U.S. economic growth in the third quarter, but domestic demand slipped, hinting at some loss of momentum. Gross domestic product grew at a 3.5 percent annual pace, the Commerce Department said on Thursday. "The report was broadly constructive, but with weakness emerging in housing and...

  • *Economy grows at 3.5 percent pace in third quarter. WASHINGTON, Oct 30- A smaller trade deficit and a surge in defense spending buoyed U.S. economic growth in the third quarter, but other details of Thursday's report hinted at some loss of momentum in activity. Gross domestic product grew at a 3.5 percent annual rate, the Commerce Department said on Thursday,...