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Economic Reports Trade Balance

  • *China Jan exports, imports rise, beat forecasts. BEIJING, Feb 10- China reported better-than-expected trade data for January as demand picked up both at home and abroad, an encouraging start to 2017 for the world's largest trading nation even as Asia's exporters brace for a rise in U.S. protectionism. That left the country with a initial trade surplus of $51.35...

  • BEIJING, Feb 10- China's trade surplus with the United States fell to $21.37 billion in January from $21.73 billion in December 2016, preliminary data from customs showed on Friday. China, the world's largest trading nation, could be heavily exposed to protectionist measures this year if U.S. President-elect Donald Trump follows through on campaign pledges to...

  • BRIEF- CHINA'S JAN YUAN-DENOMINATED EXPORTS RISE 15.9 PCT,. Feb 10- China's exports denominated in yuan rose 15.9 percent in January from a year earlier, the General Administration of Customs said on Friday. *That produced a trade balance of +354.53 billion yuan in January.

  • Trump may press Abe to do more to level the trade imbalance with Japan during a White House visit or a round of golf,. But the two leaders are unlikely to change the fact that the big cars and trucks that America makes do not sell in Japan. Even Japan's Toyota Motor Corp and Honda Motor Co cannot convince Japanese consumers to buy models that are popular in the United...

  • Feb 9- Gold steadied near three-month highs on Thursday as political risk in Europe and the United States drove demand for bullion as a safe haven. Spot gold was down 0.1 percent at $1,239.86 an ounce at 1122 GMT, having struck its highest since Nov. 11 at $1,244.67 in the previous session. Official data on Thursday showed that Germany's trade surplus climbed to a...

  • *Trump ally has accused Germany of exploiting weak euro. "The record surplus will continue to fuel the conflict with the USA and within the EU," said Marcel Fratzscher, head of the DIW economic institute, an advocate of stronger investment in Germany. "European neighbours would benefit from stronger investment in Germany," he said.

  • TOKYO, Feb 9- Japanese Prime Minister Shinzo Abe will propose a new cabinet level framework for U.S.- Japan talks on trade, security and macroeconomic issues, including currencies, when he meets U.S. Trump has lumped Japan with China and Mexico as big contributors to the U.S. trade deficit, targeted its auto trade as "unfair" and accused Tokyo of using monetary...

  • BEIJING, Feb 8- China foreign exchange regulator said on Wednesday that risks from cross-border capital flows will be generally under control in 2017, and that the country's capital and financial account deficit will narrow somewhat this year. China will maintain a current account surplus, and capital and financial account deficit in 2017, the State...

  • BEIJING, Feb 8- China posted a preliminary current account surplus of $37.6 billion in the fourth quarter of 2016 and a deficit of $37.6 billion on its capital and financial account, the country's foreign exchange regulator said on Wednesday.

  • Republican presidential candidate Donald Trump and Japanese Prime Minister Shinzo Abe.

    Japan attained its second-biggest current account surplus on record in 2016, Ministry of Finance data showed on Wednesday.

  • TOKYO, Feb 8- Japan attained its second-biggest current account surplus on record in 2016, Ministry of Finance data showed on Wednesday, just days before the U.S. and Japanese leaders meet for talks with trade surpluses and currency valuations expected to be high on the agenda. President Donald Trump pursues an "America First" campaign in which he has accused big...

  • *December trade deficit falls to $44.3 bln vs. est. Feb 7- U.S. stocks pared gains in early afternoon trading on Tuesday as a fall in oil prices dragged down energy shares. Oil prices were pressured by sluggish demand and evidence of a burgeoning revival in U.S. shale production that could complicate efforts by OPEC and other producers to reduce a supply glut.

  • *December trade deficit falls to $44.3 bln vs. est. Feb 7- U.S. stocks pared gains in early afternoon trading on Tuesday as a fall in oil prices dragged down energy shares. Oil prices were pressured by sluggish demand and evidence of a burgeoning revival in U.S. shale production that could complicate efforts by OPEC and other producers to reduce a supply glut.

  • *December trade deficit falls to $44.3 bln vs. est. *Michael Kors drops to more than one-year low on forecast cut. Feb 7- U.S. stocks were higher in later morning trading on Tuesday, with the Dow Jones Industrial Average and the Nasdaq Composite hitting record levels and the S&P 500 coming within spitting distance of yet another all-time high.

  • *December trade deficit fell to $44.3 bln vs. est. Feb 7- The Dow Jones Industrial Average and the Nasdaq Composite hit record levels at the open on Tuesday, while the S&P 500 was less than five points away from hitting another all-time high. "We're a stone's throw away from all-time highs and the market has been sitting in a relatively tight range, looking for a fresh...

  • At 9:24 a.m. ET, the Canadian dollar was trading at C $1.3170 to the greenback, or 75.93 U.S. cents, weaker than the Bank of Canada's close on Monday of C $1.3087, or 76.41 U.S. cents. Canada posted a C $923 million trade surplus in December, thanks largely to booming crude oil exports, Statistics Canada said. Meanwhile the U.S. trade deficit fell more than expected in...

  • OTTAWA, Feb 7- Canada posted a second consecutive monthly trade surplus for the first time in more than two years in December, but booming oil exports obscured weakness in some key sectors. The C $923 million surplus announced by Statistics Canada on Tuesday exceeded analysts' forecasts of a C $350 million positive balance. Canada last recorded back-to-back...

  • The Commerce Department said on Tuesday the trade gap dropped 3.2 percent to $44.3 billion, ending two straight months of increases. President Donald Trump has vowed to make sweeping changes to U.S. trade policy, starting with pulling out of the 12- nation Trans-Pacific Partnership trade pact. Trump also wants to renegotiate the North American Free Trade...

  • *December trade deficit fell to $44.3 bln vs est. Feb 7- Wall Street looked set to open higher on Tuesday, with the S&P 500 hovering close to a record high as investors look for a steer from a rush of quarterly earnings reports. "We're a stone's throw away from all-time highs and the market has been sitting in a relatively tight range, looking for a fresh theme to commit...

  • OTTAWA, Feb 7- Canada posted a second consecutive monthly trade surplus in December for the first time in more than two years, thanks largely to booming crude oil exports, Statistics Canada said on Tuesday. The C $923 million surplus exceeded analysts' forecasts of a C $350 million positive balance. The last time Canada recorded back-to-back trade surpluses was...