Economic Reports Trade Balance

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  • WASHINGTON— US trade deficit up in 2015; exports drop for first time since recession amid strong dollar, global weakness.

  • *Jan exports seen at -1.9 pct y/y vs Dec's -1.4 pct. BEIJING, Feb 5- China's January exports may have fallen for a seventh month with factories still battling falling prices, but an expected jump in bank lending may underscore the government's bid to put a floor under the slowing economy. That may produce a trade surplus of $58.85 billion for January, compared with a...

  • BEIJING, Jan 29- China's trade deficit in services widened to $18.6 billion in December from $15.6 billion in November, the foreign exchange regulator said on Friday. A main factor for the deficit is that Chinese travelling overseas spent $17.6 billion more than foreigners spent in China, a statement from the regulator said. Chinese Vice Premier Wang Yang said...

  • *BoE's Carney highlights Britain's current account risks. LONDON, Jan 26- Worries about Britain's EU membership and the global economy could test the "kindness of strangers" who fund the country's hefty current account deficit, Bank of England Governor Mark Carney said on Tuesday. Britain's economy has grown strongly over the past couple of years but the...

  • DAVOS, Switzerland, Jan 22- Colombia's finance minister Mauricio Cardenas said on Friday the government was focused on cutting the country's large current account deficit though he admitted that oil's latest price fall could make that job harder in 2016.. Oil is Colombia's top export and source of foreign exchange, accounting for around a fifth of national...

  • JAKARTA, Jan 15- Indonesia's trade balance moved back into surplus in 2015, after three years of deficits, but the turnaround mostly showed how sluggish the economy has been. In 2014, Indonesia had a deficit of $2.2 billion. Export will remain flat "for some time", Wai Ho Leong of Barclays in Singapore said, but with infrastructure spending picking up, "we believe the...

  • *China December copper imports up 15 pct at 530,000 T. MELBOURNE, Jan 13- London copper rose on Wednesday, bouncing off near six-year lows, after yuan weakness helped to shore up China's trade balance in December, allowing traders to take profits on short positions as selling in the market slowed. INTL sees a 2016 low of $3,850 a tonne on copper, a high of $5,200 and an...

  • *Trade surplus $60.09 bln vs Nov's $54.1 bln. BEIJING, Jan 13- China's total trade fell in December but far less than expected, with exports outperforming many of its regional peers after the country let the yuan depreciate sharply, highlighting fears of a currency war among Asia's trade-reliant economies. "The trade data support our view that, despite turmoil in...

  • China stems export slide but headwinds remain Tuesday, 12 Jan 2016 | 10:26 PM ET

    China's December exports fell 1.4 percent from a year earlier, while imports slid 7.6 percent, both much less than economists had expected.

  • China December exports fall 1.4 pct, less than forecast Tuesday, 12 Jan 2016 | 10:05 PM ET

    BEIJING, Jan 13- China's December exports fell 1.4 percent from a year earlier, while imports slid 7.6 percent, both much less than economists had expected but still likely consigning the economy to its weakest annual growth in 25 years. That left the country with a trade surplus of $60.09 billion for the month, the General Administration of Customs said on...

  • BEIJING, Jan 13- China's exports rose 2.3 percent from a year earlier in December in yuan-denominated terms, while imports dropped 4.0 percent. That left a trade surplus of 382.1 billion yuan for the month, the General Administration of Customs said on Wednesday. China's 2015 exports fell 1.8 percent year on year, while 2015 imports tumbled 13.2 percent, GAC said.

  • BERLIN, Jan 8- Growth in German imports outstripped exports in November and industrial output unexpectedly fell, suggesting Europe's largest economy may have slowed at the end of 2015.. The data highlighted the shift in Germany's economy away from a reliance on exports and towards more consumer-driven growth. Industrial output fell by 0.3 percent as...

  • BERLIN, Jan 8- Growth in German imports outstripped exports in November and industrial output unexpectedly fell, data showed on Friday, in a sign that Europe's largest economy may have lost some steam at the end of 2015.. Seasonally-adjusted exports inched up 0.4 percent after a decline of 1.3 percent in October, while imports rose 1.6 percent, narrowing the...

  • *Trade deficit narrows to $42.4 billion in November. WASHINGTON, Jan 6- U.S. private companies added workers at a brisk clip in December, pointing to underlying strength in the economy despite signs that growth slowed sharply in the fourth quarter. Payrolls processor ADP said private-sector employment rose by 257,000 last month, the largest gain since December...

  • *Trade deficit narrows to $42.4 billion in November. WASHINGTON, Jan 6- U.S. private companies added workers at a brisk clip in December, pointing to underlying strength in the economy despite signs that growth slowed sharply in the fourth quarter. December was also extraordinarily warm as well, which means the number may exaggerate the labor market strength, "...

  • OTTAWA, Jan 6- Canada's exports grew for the first time in four months in November, helping cut the trade deficit to C $1.99 billion from C $2.49 billion in October, Statistics Canada said on Wednesday. Exports to the United States, which accounted for 75.2 percent of Canada's global total in November, rose by 1.3 percent while imports slipped by 0.1 percent.

  • WASHINGTON, Jan 6- The U.S. trade deficit narrowed in November likely as efforts by businesses to reduce an inventory overhang pushed imports of goods to their lowest level in nearly five years, outpacing a drop in exports. The Commerce Department said on Wednesday the trade gap fell 5.0 percent to $42.4 billion. October's trade deficit was revised up to $44.6...

  • BRASILIA, Jan 4- Brazil returned to a trade surplus in 2015 as the worst recession in 25 years and a slump in the real currency damped demand for imports in Latin America's largest economy, data showed on Monday. Brazil posted a trade surplus of $19.681 billion for last year, rebounding from a deficit of $4 billion in 2014, according to Trade Ministry figures.

  • The euro was steady at $1.0914, having risen about 0.4 percent overnight on short covering after Sunday's national election in Spain. "It was relatively easy for the euro to rise since there are not many participants in the market," said Daisuke Karakama, a market economist at Mizuho Bank in Tokyo. "Furthermore, Spain has a current account surplus and its government...

  • ZURICH, Dec 21- Switzerland's current account surplus widened to 23 billion Swiss francs in the third quarter, up 12 billion francs from the year-earlier period, Swiss National Bank statistics published on Monday showed. Swis foreign investments rose by 96 billion francs to 4.137 trillion compared with the previous quarter. Foreign liabilities rose 27...