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Economic Reports Trade Balance

  • BERLIN, March 20- The German government's panel of economic advisers on Monday rejected international criticism of the country's large current account surplus and called U.S. "The German current account surplus is high, but this does not signal a macroeconomic imbalance," Christoph Schmidt, head of the panel of' wise men' said, adding that demands such as...

  • Trump policies could drag US into trade wars: CFO survey

    CNBC's Jackie DeAngelis looks at the latest data from CNBC's exclusive Global CFO Council Survey to get a read on what an elite group of financial executives think about President Donald Trump's trade proposals.

  • Q4@ WELLINGTON, March 15- New Zealand posted its smallest current account deficit in more than two years, according to data released on Wednesday, as surging tourism and reinsurance claims from a deadly November earthquake pour into the country. Statistics New Zealand said in a statement that the number of tourists and the amount they spent was strong in...

  • 'Fair trade measures' needed for US-China trade: State Department

    Tillerson will be setting the framework on bilateral trade when he visits the mainland this week, says Susan Thornton from the U.S. Bureau of East Asian and Pacific Affairs.

  • President Donald Trump discusses the federal budget in the Roosevelt Room of the White House on February 22, 2017 in Washington, DC.

    The conflict pits economic nationalists close to U.S. President Donald Trump against pro-trade moderates from Wall Street, the FT reports.

  • China's "win-win" approach to bilateral ties with the U.S. has been on the table since June 2013.

  • Trump's border tax winners and losers

    There are a lot of details that have to get worked out, says Robert Holleyman, former U.S. trade representative, weighing in on the border adjustment tax debate. Also Holleyman shares his thoughts on President Trump's trade agenda.

  • Stephen Roach

    Targeting the United States' trade deficits is the wrong way to go about trade reform, Stephen Roach says.

  • CAIRO, March 8- Egypt's current account deficit narrowed significantly to $4.67 billion in the second quarter of the 2016/ 17 fiscal year while the overall balance of payments surged to a $5.13 billion surplus, propelled by a decision to float the currency. Egypt's central bank abandoned its currency peg of 8.8 pounds to the U.S. dollar on Nov. 3, hoping to unlock...

  • *China posts first monthly trade deficit since Feb 2014. BEIJING, March 8- China unexpectedly posted its first trade gap in three years in February as a construction boom pushed imports much higher than expected and as increasing U.S. protectionist rhetoric casts a spotlight on the export giant's trade position. The upbeat import reading reinforced the...

  • *China posts first monthly trade deficit since Feb 2014. BEIJING, March 8- China unexpectedly posted its first trade deficit in three years in February as imports surged far more than expected to feed a construction boom, driven by commodities from iron ore and copper to crude oil and coal. The upbeat import reading reinforced the growing view that economic...

  • *Nickel prices to ease in 2017 as Indonesia resumes exports-BMI. *Coming Up: China trade data at 0200 GMT. China unexpectedly posted a rare trade deficit in February as imports surged far more than expected to feed a months-long construction boom, driven by commodities from iron ore and copper to crude oil and coal.

  • SHANGHAI, March 8- China stocks edged lower on Wednesday, as small-caps pulled back amid lingering concerns over tighter liquidity. News that China unexpectedly posted a rare trade deficit in February, as imports surged far more than expected, did not have an impact on mainland exchanges. China's central bank drained a net 20 billion yuan from the interbank...

  • BEIJING, March 8- China posted its first monthly trade deficit in three years in February as imports surged at their fastest pace since early 2012, driven by its strong demand for commodities from iron ore to crude oil and coal. China's February exports unexpectedly fell 1.3 percent from a year earlier, but imports expanded 38.1 percent, well above economists'...

  • BEIJING, March 8- China unexpectedly posted a rare trade deficit in February as imports surged far more than expected to feed a months-long construction boom, driven by commodities from iron ore and copper to crude oil and coal. Most of China's commodity imports grew strongly in volume terms from a year earlier, but dipped from January. Still, economists say the...

  • BEIJING, March 8- China's exports denominated in yuan rose 4.2 percent in February from a year earlier, the General Administration of Customs said on Wednesday. *Yuan-denominated imports rose 44.7 percent y/y in February. *That produced a trade balance of- 60.36 billion yuan in February.

  • *Canadian dollar settles at C $1.3416, or 74.55 U.S. cents. TORONTO, March 7- The Canadian dollar held its ground against a broadly firmer greenback on Tuesday, as domestic data showed a third consecutive monthly trade surplus in January and investors awaited jobs data that could provide further direction. "From here, there's a lot on the calendar that can still move...

  • President Donald Trump took office with a pledge to boost annual economic growth to 4 percent and renegotiate trade deals in favor of the United States. "Team Trump really has their work cut out for them if they are going to stick with the campaign pledge to double growth," said Chris Rupkey, chief economist at MUFG in New York. The Commerce Department said on Tuesday...

  • *Canadian dollar at C $1.3412, or 74.56 U.S. cents. TORONTO, March 7- The Canadian dollar held its ground on Tuesday against a broadly firmer greenback as oil prices rose and domestic data showed a third consecutive monthly trade surplus in January. Certainly, if anything on that front were to emerge, these tentative signs of improvement could get swamped Canada...

  • *Schaeuble says nobody can say Germany manipulates euro. BERLIN, March 7- German Finance Minister Wolfgang Schaeuble on Tuesday rejected U.S. criticism of Germany's record current account surplus, setting the stage for a heated debate on trade when G20 policymakers meet next week. Ahead of the G20 meeting in the German town of Baden-Baden, Trump's trade adviser...