OTTAWA, Feb 5- Canada's trade deficit unexpectedly shrank to C $585 million in December from C $1.59 billion in November as exports jumped by a healthy 3.9 percent, Statistics Canada data indicated on Friday. Exports to the United States, which accounted for 74.8 percent of Canada's global total in December, grew 2.9 percent while imports grew 1.3 percent.» Read More
New GDP data will be released on Friday, and this strategist has a trading plan.
British trade data disappoints and Fitch offers tough love for the euro - it's time for your FX Fix.
“Part of the problem is people think we’re not back to where we were before the crisis," says one economist. "I think we’re working through this. There’s no pushing us off the recovery track.”
The euro zone agreement underwhelms and the Australian trade surplus slips — it's time for your FX Fix.
CNBC's Rick Santelli has the details on October trade, which came in at $43.5 billion.
The U.S. economy may still be struggling to recover from a recession that began three years ago, but there is a silver lining. According to business consulting firm AlixPartners, a weak dollar and rising wages in China have helped U.S. manufacturers close the competitiveness gap with their Chinese counterparts for the first time since 2007.
As global growth worries are coming to a head, China's policymakers are increasingly facing a tough choice: whether to get serious about ending their long-reliance on exports to power gross domestic product (GDP).
The industry is at a unique point in history, where economic growth overseas, high energy costs, demand for commodities and better recovery technologies have converged to swell revenue.
Italy sends the euro tumbling, and Britain needs more exports, please - it's time for your FX Fix.
Beijing is likely to face international pressure to allow its currency to appreciate faster as national trade with other countries remains robust. The FT reports.
Traffic at the Port of Long Beach in California fell 2.5 percent July, the first non-seasonal slowdown at the nation's second-busiest seaport since November 2009, according to figures released Monday.
China has a $120 billion trade going with Africa and the way it has tapped into the potential of this once dark continent is a lesson for investors looking to enter frontier markets.
The euro takes a beating and the trade deficit dents the dollar - time for your FX Fix.
that came in bigger than expected and a check on U.S. equity futures, with CNBC's Rick Santelli, Steve Liesman; Carl Quintanilla, Jim Cramer, Melissa Lee, and David Faber
Risk-off investors are buying dollars but souring on kiwis.
The European Central Bank's Trichet sees red, and hedge funds see problems in Mexico. It's your Thursday FX Fix.
A sometimes under-skilled workforce and shortage of job training is compounding unemployment at home, while technological innovation and product development is paying off abroad.
A funny thing happened on the road to globalization. It became a two-way street, not a one-way trade superhighway for the developed economies.
China’s export-led growth model is on the verge of collapse, according to Richard Duncan, chief economist at Blackhorse Asset Management. He believes that it’s only a matter of time before the “great Chinese bubble” pops.
The Doha round of negotiations on world trade faces collapse unless world leaders can reach a final agreement to lift trade tarrifs before the end of the year, a new report by the governments of the UK, Germany, Turkey and Indonesia warned on Wednesday.