OTTAWA, July 7- Canada's trade deficit widened to its second-largest on record in May as non-energy exports fell, fueling expectations the Bank of Canada could cut interest rates as early as next week to support an economy at risk of recession. Energy products exports rose 1.3 percent, but non-energy exports, which the Bank of Canada is hoping will help drive...» Read More
The yuan slips and Myanmar gets ready to float - it's time for your FX Fix.
Despite recording the largest monthly trade deficit in two decades, Uwe Parpart, MD & head of research at Reorient Financial Markets says the pick up in China's imports reflects strength in its domestic economy.
Francis Lun, Managing Director, Lyncean Holdings, is bearish on the Chinese economy and says the trade data shows a continued shrinking of the manufacturing sector. However, Dariusz Kowalczyk, Chief Investment Strategist, Credit Agricole, thinks China's growth is still strong, supported by rising domestic demand.
The yen's slide stops and all eyes are on the European Central Bank - it's time for your FX Fix.
Friday, the Commerce Department is expected to report the deficit on international trade in goods and services was $47.8 billion in December, unchanged from November.
A new employment report is on the way, and this strategist sees a trading opportunity.
The yen was a star in 2011, but this strategist thinks the party is over.
New GDP data will be released on Friday, and this strategist has a trading plan.
British trade data disappoints and Fitch offers tough love for the euro - it's time for your FX Fix.
“Part of the problem is people think we’re not back to where we were before the crisis," says one economist. "I think we’re working through this. There’s no pushing us off the recovery track.”
The euro zone agreement underwhelms and the Australian trade surplus slips — it's time for your FX Fix.
CNBC's Rick Santelli has the details on October trade, which came in at $43.5 billion.
The U.S. economy may still be struggling to recover from a recession that began three years ago, but there is a silver lining. According to business consulting firm AlixPartners, a weak dollar and rising wages in China have helped U.S. manufacturers close the competitiveness gap with their Chinese counterparts for the first time since 2007.
As global growth worries are coming to a head, China's policymakers are increasingly facing a tough choice: whether to get serious about ending their long-reliance on exports to power gross domestic product (GDP).
The industry is at a unique point in history, where economic growth overseas, high energy costs, demand for commodities and better recovery technologies have converged to swell revenue.
Italy sends the euro tumbling, and Britain needs more exports, please - it's time for your FX Fix.
Beijing is likely to face international pressure to allow its currency to appreciate faster as national trade with other countries remains robust. The FT reports.
Traffic at the Port of Long Beach in California fell 2.5 percent July, the first non-seasonal slowdown at the nation's second-busiest seaport since November 2009, according to figures released Monday.
China has a $120 billion trade going with Africa and the way it has tapped into the potential of this once dark continent is a lesson for investors looking to enter frontier markets.
The euro takes a beating and the trade deficit dents the dollar - time for your FX Fix.