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Economic Reports Trade Balance

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  • 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.

  • May 5- U.S. stocks fell further in afternoon trading on Tuesday after the U.S. trade deficit surged in March, suggesting that the economy contracted in the first quarter. The $51.4 billion deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week.

  • *Trade deficit widens to $51.4 billion in March. A lot of the headwinds we saw in the first quarter have unwound, "said Jacob Oubina, senior U.S. economist at RBC Capital Markets in New York. The Commerce Department said the trade deficit jumped 43.1 percent to $51.4 billion in March, the largest since October 2008.

  • OTTAWA, May 5- Canada's trade deficit jumped to a record high C $3.02 billion in March from February as imports surged and weak crude prices helped curb exports, Statistics Canada data showed on Tuesday. Statscan revised February's deficit sharply higher to C $2.22 billion from an initial C $984 million, citing a sharp downward revision in energy exports.

  • May 5- U.S. stocks opened lower on Tuesday after two sessions of gains as trade deficit rose in March, pointing to a contraction in economic growth in the first quarter.