Economic Reports Trade Balance

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  • U.S. Q3 current account deficit largest since 2008 Thursday, 17 Dec 2015 | 8:30 AM ET

    WASHINGTON, Dec 17- The U.S. current account deficit in the third quarter widened sharply to its highest level in nearly seven years as a strong dollar weighed on exports and the profits of multinational corporations. The Commerce Department said on Thursday the current account deficit, which measures the flow of goods, services and investments into and out of...

  • Japan November exports fall 3.3 pct year/year - MOF Wednesday, 16 Dec 2015 | 6:55 PM ET

    TOKYO, Dec 17- Japan's exports fell 3.3 percent in November from a year earlier as China's economic slowdown and weakness in emerging markets weighed on overseas demand for Japanese goods. The trade balance came to a deficit of 379.7 billion yen, versus the median estimate for a 446.2 billion yen deficit. For more background, see this PREVIEW To view full tables, go...

  • *Exports f'cast -1.5 pct yr/yr on China's slowdown. TOKYO, Dec 11- Japan's exports were expected to fall for a second straight month in November, a Reuters poll found, which would swing the trade balance back into deficit, showing sluggish overseas demand holding back economic recovery. "China's economic slowdown is spreading to other Asian nations and I expect...

  • BERLIN, Dec 9- German imports fell sharply in October and exports also weakened, suggesting Europe's largest economy is still struggling to shake off the impact of a slowdown in China and other emerging markets. Germany's trade surplus widened to 20.8 billion euros from 19.2 billion in the prior month. ING Economist Carsten Brzeski warned against reading too...

  • Dec 9- Wal-Mart Stores Inc's import of goods from China led to the loss of over 400,000 jobs in the United States between 2001 and 2013, according to a report from a U.S.-based non-profit think tank. The world's largest retailer likely accounted for 15.3 percent of the growth in the U.S. goods trade deficit with China in the same period, the Economic Policy...

  • *Rand extends losses to record low against dollar. PRETORIA, Dec 8- South Africa's current account deficit widened sharply in the third quarter of this year, central bank data showed on Tuesday, signaling further pressure on the rand currency as markets brace for higher U.S. interest rates. The shortfall expanded to 4.1 percent of GDP in the third quarter from 3.1...

  • BEIJING, Dec 8- China's trade performance remained weak in November, with exports falling by a more-than-expected 6.8 percent from a year earlier, their fifth straight month of decline, data showed on Tuesday. That left the country with a trade surplus of $54.10 billion for the month, the General Administration of Customs said on Tuesday, down from October's...

  • BEIJING, Dec 8- China's trade performance remained weak in November, with exports falling by a more-than-expected 6.8 percent from a year earlier, their fifth straight month of decline, data showed on Tuesday. That left the country with a trade surplus of $54.10 billion for the month, the General Administration of Customs said on Tuesday, down from October's...

  • BEIJING, Dec 8- China's November exports disappointed analyst expectations, falling 6.8 pct from a year earlier in dollar terms, while imports fell by 8.7 percent. That left the country with a trade surplus of $54.10 billion for the month, the General Administration of Customs said on Tuesday. Analysts polled by Reuters had expected exports to fall by 5.0 percent,...

  • BEIJING, Dec 8- China's November exports fell 3.7 percent from a year earlier in yuan-denominated terms, while imports fell 5.6 percent, data showed on Tuesday. That left the country with a trade surplus of 343.10 billion yuan for the month, the General Administration of Customs said. China is widely expected to post its slowest economic growth in a quarter of a...

  • OTTAWA, Dec 4- Canada's trade deficit unexpectedly jumped to C $2.76 billion in October as exports to the crucial U.S. market dropped by the most in almost two-and-a-half years, Statistics Canada data showed on Friday. Exports to the United States, which accounted for 74.9 percent of Canada's global total in October, fell by 2.8 percent, the biggest...

  • WASHINGTON, Dec 4- The U.S. trade deficit widened unexpectedly in October as exports fell to a three-year low, suggesting that trade could again weigh on economic growth in the fourth quarter. The Commerce Department said on Friday the trade gap rose 3.4 percent to $43.9 billion, a sign that the worst of the drag from a stronger dollar was far from over.

  • KIEV, Dec 4- Ukraine's hryvnia currency, which has lost 65 percent of its value against the dollar since the start of 2014, will be far more stable in 2016 but will remain under pressure from weak foreign currency inflows and a trade deficit, a Reuters monthly survey showed on Friday. Eight out of 16 forecasts obtained by Reuters from 15 banks and institutions see...

  • "UK manufacturing PMI slipped and the trade balance deficit has almost doubled in the last quarter, with the main culprit being the fact that exports are increasing at a far slower pace compared to imports," said Alex Lydall, a senior currency trader at Foenix Partners, a firm which offers hedging solutions to British mid-sized companies. "Manufacturing is a key...

  • BEIJING, Nov 30- China's trade deficit in services narrowed to $14.1 billion in October compared with $22.7 billion in September, the foreign exchange regulator said on Monday. For January-to-October, China had a services trade deficit of $172.3 billion, the State Administration of Foreign Exchange said in a statement. China had a $59.8 billion surplus on...

  • Why TPP threatens made in USA: Pro Friday, 20 Nov 2015 | 7:44 AM ET
    Why TPP threatens made in USA: Pro

    Dan DiMicco, current Chairman Emeritus of Nucor, explains why he thinks the Trans-Pacific Partnership agreement is a bad deal for American workers.

  • TOKYO, Nov 19- Japan's exports fell 2.1 percent in October, posting the first year-on-year decline in more than a year, Ministry of Finance data showed on Thursday, underscoring weak external demand hit by China's slowing growth. It was the first year-on-year drop since August 2014 and followed a revised 0.5 percent rise in September. The trade balance came swung...

  • KUALA LUMPUR, Nov 13- Malaysia's economy grew 4.7 percent in the third quarter from a year ago, its slowest rate in over two years, but meeting analyst expectations. Its current account surplus narrowed to 5.1 billion ringgit in the period from 7.6 billion ringgit in the previous three months, its lowest since the second quarter of 2013.. Southeast Asia's third...

  • China's yuan flat, in line with midpoint Tuesday, 10 Nov 2015 | 10:32 PM ET

    SHANGHAI, Nov 11- China's yuan was almost unchanged against the dollar on Wednesday, after the central bank set a nearly flat midpoint rate. The People's Bank of China set the midpoint rate at 6.3614 per dollar prior to market open, 0.02 percent weaker than the previous fix 6.3602. In a related development, China posted a preliminary current account surplus of...

  • US import prices down 0.5% in October Tuesday, 10 Nov 2015 | 8:30 AM ET
    US import prices down 0.5% in October

    CNBC's Rick Santelli breaks down the latest numbers on trade, as oil price pushes import prices lower and exports drop 0.2 percent.