Trade Balance


  • *May current account deficit $664 mln, vs April's $643 mln deficit. BANGKOK, June 30- Thailand's central bank signalled on Monday that Southeast Asia's second-largest economy would avoid recession this quarter and said manufacturing and consumption "started to show signs of recovery" in May.

  • BEIJING, June 30- China will maintain a current account surplus in the near-term, while keeping it at low level, China's foreign exchange regulator said on Monday.

  • *Sees 2014 current account surplus at $11.7 bln vs $0.7 bln surplus earlier. BANGKOK, June 27- Thailand's central bank cut its export growth forecast for this year to 3.0 percent from 4.5 percent, raised its inflation forecast and said this year's current-account surplus should be much larger than earlier projected.

  • *May had trade deficit of $810 mln, poll predicted $300 mln surplus. BANGKOK, June 26- Thai exports fell more than expected in May, showing that a pillar of the economy remains weak and underscoring the tough task the military government faces kick-starting growth after seven months of political turmoil.

  • BRASILIA, June 24- Brazil's current account deficit was the widest on record for the month of May as Brazilians spent more on international travel and foreign companies sent profits and dividends to their headquarters abroad.

  • WASHINGTON, June 18- The U.S. current account deficit increased to its widest point in 1-1/ 2 years in the first quarter, but was likely to resume its downward trend as exports accelerate.

  • WASHINGTON, June 18- The U.S. current account deficit increased to its widest point in 1-1/ 2 years in the first quarter as exports slumped and the surplus on primary income declined, the Commerce Department said on Wednesday.

  • US current account deficit widens sharply in 1Q Wednesday, 18 Jun 2014 | 8:31 AM ET

    The U.S. current account deficit increased to its widest point in 1-1/2 years in the first quarter as exports slumped.

  • *Trade deficit seen at Y1.17 trln, Japan has posted monthly deficits for nearly 2 years. TOKYO, June 13- Japan's exports likely fell for the first time in 15 months in May due to stagnant demand overseas, and with imports expected to rise the trade balance will probably remain in deficit, where it has been for nearly two years, a Reuters poll showed.

  • Argentina, Brazil sign new car trade pact Wednesday, 11 Jun 2014 | 6:21 PM ET

    BUENOS AIRES, June 11- Argentina and Brazil signed a new 12- month bilateral car trade pact on Wednesday giving Buenos Aires more favourable terms in view of its shrinking trade surplus that is draining limited foreign reserves. The pact will allow Brazil to export $150 worth of cars for each $100 in autos it imports from Argentina, without paying tariffs.

  • HONG KONG, June 9- China's yuan rose against the dollar on Monday after the central bank set the daily fixing higher, by the biggest percentage in a single day since October 2012, fuelling expectations China may have started to guide the yuan back on an appreciation course.

  • TOKYO, June 9- Japan's current account logged a lower-than-expected surplus in April, government data showed on Monday, as income gains from overseas investments narrowed and the trade deficit widened. The surplus stood at 187.4 billion yen, against a median forecast for 322.5 billion yen.

  • *Trade surplus $35.9 bln vs forecast of $22.6 bln. BEIJING, June 8- China's exports gained steam in May due to the global economic recovery, data showed on Sunday, but an unexpected fall in imports could signal weaker domestic demand.

  • BEIJING, June 8- China's imports fell 1.6 percent in May from a year earlier, while exports rose 7 percent, producing a monthly trade surplus of $35.9 billion, the General Administration of Customs said on Sunday.

  • BANGALORE, June 6- The Indian rupee will only make scant gains in the next 12 months as the economy remains weak, although optimism around a new government and a narrowing current account deficit will underpin the currency, a Reuters poll found.

  • German exports surge in April, widening surplus Friday, 6 Jun 2014 | 2:08 AM ET

    BERLIN, June 6- German exports rose at their strongest pace in nearly two years in April, widening the trade surplus in Europe's largest economy, data showed on Friday. Figures from the Federal Statistics Office showed seasonally-adjusted exports climbed by 3.0 percent on the month, the biggest increase since May 2012, while imports edged up 0.1 percent.

  • *Private sector adds 179,000 jobs in May. WASHINGTON, June 4- U.S. companies hired far fewer workers than expected last month, while the country's trade deficit hit its widest point in two years in April, suggesting trade remained a drag on economic growth this quarter.

  • U.S. trade deficit widens to two-year high in April Wednesday, 4 Jun 2014 | 8:30 AM ET

    WASHINGTON, June 4- The U.S. trade deficit widened to its highest level in two years in April as imports hit a record high, suggesting trade could be a drag on second-quarter growth. The Commerce Department said on Wednesday the trade gap increased 6.9 percent to $47.2 billion.

  • UK: Trade balance remains 'fairly wide'     Wednesday, 9 Apr 2014 | 4:30 AM ET

    Amit Kara, U.K. economist at UBS, says the U.K.'s trade balance for February is a "little bit better" than expected but points out that the goods trade balance remains "fairly wide."

  • Investors coming back to Italy: Trade body     Wednesday, 2 Apr 2014 | 2:45 AM ET

    Riccardo Monti, president of the Italian Foreign Trade Agency, says there is optimism about investing in Italy, but unemployment still remains the biggest priority for the government.