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Trade Balance

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  • 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.

  • BEIJING, Sept 8- China's exports rose more than forecast in August while imports unexpectedly fell, pushing the trade surplus to a record high for the second consecutive month and underlining the challenges facing policymakers as they struggle to revive tepid domestic demand.

  • *Trade deficit narrows to $40.5 billion in July. WASHINGTON, Sept 4- U.S. companies hired fewer workers than expected in August, but an acceleration in services sector activity to a nine-year high offered assurance that the economy remained on track for a sturdy rate of growth in the third quarter.

  • *Private payrolls rise 204,000 in August, miss expectations. *Trade deficit narrows to $40.5 billion in July. WASHINGTON, Sept 4- U.S. companies hired fewer workers than expected in August, but the trend in job growth remained consistent with a sturdy economic performance in the third quarter.

  • OTTAWA, Sept 4- Canada's trade surplus in July jumped to a near six-year high of C $2.58 billion in another sign the long-battered export sector could be on its way to a lasting recovery.

  • WASHINGTON, Sept 4- The U.S. trade deficit narrowed in July to its lowest point in six months as exports rose to a record high, supporting views of sturdy economic growth in the third quarter. The Commerce Department said on Thursday the trade gap fell 0.6 percent to $40.5 billion, the lowest since January.

  • Japan July exports rise 3.9 pct year/year - MOF Tuesday, 19 Aug 2014 | 7:56 PM ET

    TOKYO, Aug 20- Japan's exports rose 3.9 percent in July from a year earlier, government data showed on Wednesday, up for the first time in three months in an encouraging sign that a pick-up in external demand will bolster economic growth. That resulted in a trade deficit of 964.0 billion yen, versus an expected shortfall of 702.5 billion yen.

  • *Current account surplus narrows to 16 bln ringgit. KUALA LUMPUR, Aug 15- Malaysia's economy grew 6.4 percent in the second quarter, faster than expected, as exports kept up their strong performance and consumer spending stayed buoyant despite steps by the central bank to curb high household debt levels.

  • JAKARTA, Aug 14- Indonesia's central bank on Thursday reported a larger than expected second quarter current account deficit, but kept its key policy rates unchanged, and predicted improvement later this year.

  • JAKARTA, Aug 13- Indonesia's current account deficit in the second quarter was larger than expected at 4.27 percent of gross domestic product or $9.1 billion, central bank governor Agus Martowardojo said on Thursday.

  • LONDON, Aug 8- Sagging exports pushed Britain's trade deficit to a five-month high in June, suggesting a more balanced economic recovery still looks a way off, although the construction industry recovered from a dip in May.