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Trade Balance

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  • 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,...

  • Will Asia’s exports ever recover? Wednesday, 29 Oct 2014 | 6:38 PM ET

    Asia's export growth has stalled since a post-financial crisis recovery, faced with a combination of weak global demand and structural changes, HSBC said.

  • Japan Sept exports rise 6.9 pct year/year - MOF Tuesday, 21 Oct 2014 | 8:02 PM ET

    TOKYO, Oct 22- Japan's exports rose 6.9 percent in September from a year earlier, government data showed on Wednesday, in a tentative sign that external demand is starting to pick up. The trade balance came to a deficit of 958.3 billion yen, versus the median estimate of a 777.0 billion yen deficit. To view full tables, go to the website of the Ministry of Finance at:...

  • Separate data showed Britain's goods trade deficit narrowed in August but only because imports fell more sharply than exports. Construction output slid 3.9 percent on the month and fell year-on-year for the first time since May 2013, by 0.3 percent, the Office for National Statistics said. Data earlier this week showed industrial production was flat in...

  • JGBs edge higher, bolstered by safe-haven bid Wednesday, 8 Oct 2014 | 12:58 AM ET

    TOKYO, Oct 8- Japanese government bonds rose on Wednesday, taking their cue from sagging stocks amid worries about global growth. Japan's Nikkei stock average skidded 1.2 percent in afternoon trading. The JGB market shrugged off Ministry of Finance data that showed Japan's current account surplus grew in August, as income from investments overseas bolstered...

  • TOKYO, Oct 8- Japan's current account surplus grew in August, Ministry of Finance data showed on Wednesday, as income from investments overseas bolstered the balance of payments. The surplus stood at 287.1 billion yen, against a median forecast for a 198.0 billion yen surplus in a Reuters poll of economists. The surplus in the income balance was 1.5 trillion yen, up...

  • OTTAWA, Oct 3- Canada unexpectedly posted a C $610 million trade deficit in August as exports dropped and imports rose by the largest amount in almost two years to hit a record high, Statistics Canada data showed on Friday. Market analysts had expected a C $1.55 billion surplus after a revised C $2.20 billion surplus in July. "This gives plenty of scope for Governor...

  • OTTAWA, Oct 3- Canada unexpectedly posted a C $610 million trade deficit in August as exports dropped and imports rose by the highest amount in almost two years to hit a record, Statistics Canada data indicated on Friday. Bank of Canada Governor Stephen Poloz said on Sept. 16 he was cautiously optimistic the export sector was starting to recover as the U.S. economy...

  • U.S. trade deficit narrows on rise in exports Friday, 3 Oct 2014 | 8:32 AM ET

    WASHINGTON, Oct 3- The U.S. trade gap unexpectedly narrowed in August to its smallest level in seven months on an increase in exports, supporting views of sturdy economic growth in the third quarter. The Commerce Department said on Friday the trade gap narrowed 0.5 percent to $40.1 billion. The politically sensitive trade gap with China narrowed in August, while...

  • Drill baby, drill! Oil surge narrows US trade gap Friday, 3 Oct 2014 | 8:30 AM ET

    The world's largest economy's trade deficit narrowed unexpectedly in August, due in large part to a record surge in petroleum exports.

  • "There are two prices that matter for Australia right now, those for homes and those for commodities, said Paul Bloxham, chief economist for Australia at HSBC. The alarm is shared by Australia as over 35 percent of its exports go to China, giving it an annual trade surplus worth around A $50 billion with the Asian giant.

  • "There are two prices that matter for Australia right now, those for homes and those for commodities, said Paul Bloxham, chief economist for Australia at HSBC. The alarm is shared by Australia as over 35 percent of its exports go to China, giving it an annual trade surplus worth around A $50 billion with the Asian giant.

  • CAIRO, Sept 25- Egypt's current account deficit shrank to $2.4 billion in the 2013-14 fiscal year from $6.4 billion the previous year, boosted by billions of dollars in aid from Gulf Arab donors, the central bank said on Thursday.

  • Japan Aug exports fall 1.3 pct year/year - MOF Wednesday, 17 Sep 2014 | 7:56 PM ET

    TOKYO, Sept 18- Japan's exports fell 1.3 percent in August from a year earlier, government data showed on Thursday, in a worrying sign that external demand is weakening. The trade balance came to a deficit of 948.5 billion yen, versus the median estimate of a 1.03 trillion yen deficit.

  • U.S. current account gap narrows in the second quarter Wednesday, 17 Sep 2014 | 8:30 AM ET

    WASHINGTON, Sept 17- The U.S. current account deficit unexpectedly narrowed in the second quarter, supported by a partial reversal of a large equity disinvestment that had occurred in the previous quarter.

  • RUSSIAN CENTRAL BANK SEES CURRENT ACCOUNT SURPLUS AROUND 2 PCT OF GDP IN 2014, FALLING TO 1 PCT IN 2015-2017- DOCUMENT.

  • Germany on track for record current account surplus Thursday, 11 Sep 2014 | 11:05 AM ET

    BERLIN, Sept 11- Germany is on track to achieve a record current account surplus this year, the Ifo think tank said on Thursday, in news that could raise pressure on the government in Berlin to do more to boost domestic demand and invest at home.

  • BERLIN, Sept 8- Germany posted a record trade surplus of 22.2 billion euros in July, suggesting Europe's largest economy could bounce back strongly in the third quarter after suffering a surprise contraction in the second.

  • Record German trade surplus points to strong Q3 Monday, 8 Sep 2014 | 2:06 AM ET

    BERLIN, Sept 8- Germany posted a record trade surplus of 22.2 billion euros in July, suggesting Europe's largest economy could bounce back strongly in the third quarter after suffering a surprise contraction in the second.