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Economic Reports Trade Balance

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  • SHANGHAI, June 8- China's yuan eased against the dollar on Monday after the central bank set the daily guidance rate lower for a second straight session, but a near record trade surplus helped to reverse the loss, traders said. The People's Bank of China set the midpoint rate at 6.1205 per dollar prior to market open, 0.04 percent weaker than the previous fix at...

  • BEIJING, June 8- China's exports in May fell 2.5 percent from a year earlier in dollar-denominated terms, better than market expectations, while imports tumbled 17.6 percent. That left the country with a trade surplus of $59.49 billion for the month, the General Administration of Customs said on Monday. Economists polled by Reuters had expected exports in May to...

  • BEIJING, June 8- China's exports, denominated in yuan, fell 2.8 percent in May from a year earlier, state television cited the General Administrating of Customs as saying on Monday. Yuan-denominated imports tumbled 18.1 percent in May from a year earlier, it said. That produced a monthly trade surplus of 366.8 billion yuan.

  • *U.S. services growth slows in May- ISM, Markit. NEW YORK/ WASHINGTON, June 3- The U.S. trade deficit narrowed in April on a drop in imports, which surged in March following the end of a West Coast ports labor dispute, while companies picked up their hiring in May after a pullback the previous month. September is very much on table, "said Christopher Low, chief economist at FTN...

  • NEW YORK/ WASHINGTON, June 3- The U.S. trade deficit narrowed in April on a drop in imports, which surged in March following the end of a West Coast ports labor dispute, while companies picked up their hiring in May after a pullback the previous month. The U.S. Commerce Department on Wednesday said the trade gap narrowed to $40.9 billion from March's revised deficit of...

  • OTTAWA, June 3- Canada posted a near-record trade deficit of C $2.97 billion in April, when both imports and exports fell in another sign of challenges facing the economy, Statistics Canada data showed on Wednesday. Exports to the United States, which accounted for 76 percent of Canada's global total in April, grew by 1.6 percent, while imports dropped 1 percent.

  • The U.S. Commerce Department on Wednesday said that the U.S. trade gap shrunk to $40.9 billion in April, down from March's revised deficit of $50.6 billion. Imports fell 3.3 percent to $230.8 billion as West Coast ports, a key entry point for goods to and from Asia, cleared a backlog created by a labor dispute that was settled earlier this year. The...

  • June 3- U.S. stock index futures were higher on Wednesday ahead of the European Central Bank's monetary policy meeting and the release of private sector job numbers. *Also due on Wednesday are trade deficit numbers for April at 8:30 a.m. ET and the Institute for Supply Management's non-manufacturing index for May at 10:00 a.m.. *Synchronoss Technologies'...

  • Japan April exports rise 8.0 pct year/year - MOF Sunday, 24 May 2015 | 7:54 PM ET

    TOKYO, May 25- Japan's exports rose 8.0 percent in April from a year earlier, up for an eighth straight month, Ministry of Finance data showed on Monday, underlining a gradual pickup in external demand. The trade balance came to a deficit of 53.4 billion yen, versus the median estimate for a 318.9 billion yen deficit. To view full tables, go to the website of the Ministry...

  • JAKARTA, May 15- Indonesia's current account deficit narrowed in the first quarter from the previous one, helped by a better trade performance, the central bank said on Friday. A large current account deficit has been one of Indonesia's economic problems and at times has pressured the rupiah, which in 2015 has been emerging Asia's weakest currency, depreciating...

  • *April trade surplus $454 mln, vs $120 mln forecast. JAKARTA, May 15- Indonesia posted a trade surplus for the fifth straight month in April, but that stemmed from imports tumbling more quickly from a year earlier than exports did, showing that the economy remained sluggish at the start of the second quarter. The Statistics Bureau did not give an April breakdown, but...

  • Free trade and jobs: Greg Mankiw Monday, 11 May 2015 | 8:31 AM ET
    Free trade and jobs: Greg Mankiw

    Greg Mankiw, Harvard economics professor, provides insight to the long-term benefits of an international trade agreement, and why education is key to opportunities.

  • BEIJING, May 8- China's exports unexpectedly fell 6.4 percent in April from a year earlier, while imports tumbled by a deeper-than-forecast 16.2 percent, fueling expectations that Beijing will quickly roll out more stimulus to avert a sharper economic slowdown. That left the country with a trade surplus of $34.13 billion for the month, the General...

  • BEIJING, May 8- China's exports fell 6.4 percent in April from a year earlier in dollar-denominated terms, missing market expectations, while imports tumbled 16.2 percent. That left the country with a trade surplus of $34.13 billion for the month, the General Administration of Customs said on Friday. Chinese Vice Premier Wang Yang was quoted by Xinhua state news...

  • China exports, imports fall sharply in April Thursday, 7 May 2015 | 10:07 PM ET

    China's exports and imports tumbled in April, dashing hopes of a seasonal rebound and underscoring concerns over the spotty trade picture in the world's second biggest economy.

  • OTTAWA, May 6- A record Canadian trade deficit in March caused by plunging oil prices has masked an encouraging trend- strength in non-energy exports that the central bank is counting on to revive economic growth. The pickup is benefiting companies like Guelph, Ontario- based Linamar Corp, which expects double-digit sales growth this year and is expanding its...

  • *Copper looks overbought, correction seen at $6,500- 6,600- Triland. MELBOURNE, May 6- London copper slipped on Wednesday from nearly 5- month highs hit the session before after weak U.S. data revived concern about global economic growth, although expectations of policy support in China and the United States cushioned losses. A widening U.S. trade deficit may help...

  • *Copper looks overbought, correction seen at $6,400- 6,500- Triland. MELBOURNE, May 6- London copper slipped on Wednesday from 5-1/ 2- month highs hit the session before after weak U.S. data revived concern about global economic growth, although expectations of policy support in China and the United States cushioned losses. A widening U.S. trade deficit may help...

  • SYDNEY, May 6- The dollar nursed broad losses early on Wednesday, having come under renewed pressure after disappointing U.S. trade data for March painted an even bleaker economic picture of the first quarter. Data on Tuesday showed U.S. trade deficit jumped 43.1 percent to $51.4 billion in March, the largest since October 2008, thanks to a surge in imports.