trade deficit

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  • The Trade Deficit is a Political Deficit


    Authority Authority:
    People talk a great deal about free trade. But for better or for worse the real world that we live in is more a mercantilist world than it is a free markets and free trade world. And in this mercantilist world there is a fundamental divergence between the goal of our corporations, which is to maximize profit, and the ...
    2 days ago
  • Overnight Sentiment: Europe Front And Center As BOJ Checks To Fed


    Authority Authority:
    With only new home sales (which we actually report as opposed to NAR goalseeked marketing materials) to hit the docket in the US, the only newsflow that matters again will be that coming out of Europe, which is holding an informal summit. As BofA reminds us, the summit was originally set up to discuss growth. Now, it ...
    4 days ago
  • News That Matters


    Authority Authority:
    Thetrader.se George W. Bush is back. And he’s got a plan! Freedom overseas? Yes — it would be nice to be free of George W. Bush’s destructive and costly neocon agenda (and I know many people overseas agree) but sadly the current White House occupant seems to be following the same authoritarian script; ...
    4 days ago
  • News That Matters


    Authority Authority:
    Thetrader.se George W. Bush is back. (Read more…) And he’s got a plan! Freedom overseas? Yes — it would be nice to be free of George W. Bush’s destructive and costly neocon agenda (and I know many people overseas agree) but sadly the current White House occupant seems to be following the same authoritarian ...
    4 days ago
  • Japan Posts Wider-Than-Expected Trade Deficit


    Authority Authority:
    Japans trade deficit widened to 520.3 billion yen ($6.5 billion) in April, according to data released Wednesday. Japans trade deficit was ¥82.6 billion in March. Exports rose 7.9% year-on-year, while imports gained 8%, according to the Ministry of Finance. Economists were expecting a ¥483 billion deficit.
    4 days ago
  • Peter Schiff: The Real Crash


    Authority Authority:
    By Peter Schiff I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy. After the wheels ground to a halt in mid-2008, ...
    5 days ago
  • The Other Euro Flaw


    Authority Authority:
    We have not been shy to point out the potential (and now proven) flaws in the Euro experiment ( here , here , and here for example) over the past year or so but UBS reminds us that while most people remain fixated on the absence of a fiscal transfer union in so large a monetary union (to offset incidents of ...
    5 days ago
  • The Other Euro Flaw


    Authority Authority:
    We have not been shy to point out the potential (and now proven) flaws in the Euro experiment ( here , here , and here for example) over the past year or so but UBS reminds us that while most people remain fixated on the absence of a fiscal transfer union in so large a monetary union (to offset incidents of ...
    5 days ago
  • Bangladesh’s trade deficit widens to $7 bn


    Authority Authority:
    Dhaka, May 21 (IANS) Bangladesh’s trade deficit swelled to 6.59 billion in the first three quarters of the current fiscal year ending next month, a 13.04 percent increase from a year earlier, official statistics showed Sunday.The country exported about $17 billion worth of goods while imported items worth about $24 ...
    1 week ago
  • U.K. goods trade deficit holds steady in March


    Authority Authority:
    Forexpros – The U.K.’s goods trade deficit held steady in March, as the previous … Forex Pros RSS News Feed | Forex News U.K. goods trade deficit holds steady in March is a post from: The Forex Trading System Blog
    1 week ago
  • India’s share in global trade up: Minister


    Authority Authority:
    New Delhi, May 9 (IANS) Admitting that India’s trade deficit has grown, the government Wednesday said the country was still performing better than most countries and its share in global trade has increased.Replying supplementary questions in the Rajya Sabha, Minister of State for Commerce Jyotiraditya Scindia said ...
    2 weeks ago
  • Australia’s trade deficit widens


    Authority Authority:
    Sydney, May 8 (IANS) Australia’s trade deficit widened in March, data released Tuesday by the Australian Bureau of Statistics (ABS) showed.The balance on goods and services was a deficit of 1,587 million AU dollars ($1,610 million) in March, a rise of 833 million AU dollars on the deficit in February, the ABS said. ...
    2 weeks ago
  • NRIs remittances to India at record $63.6 bn: World Bank


    Authority Authority:
    Non-resident Indians (NRIs) have sent $ 63.6bn to India through remittances. Overseas Indians have sent more money than ever before. According to the World Bank, the increase in value of remittances is also due to a sharp fall in 2011 in the value of the rupee. In 2010, India received $ 54bn in remittances. ...
    3 weeks ago
  • India’s exports drop by 5.71 percent in March


    Authority Authority:
    New Delhi, May 1 (IANS) India’s exports fell by 5.71 percent to $28.68 billion in March while imports surged 24.28 percent to $42.58 billion, leaving a monthly trade deficit of $13.9 billion, government data showed Tuesday.Despite a year-on-year decline in March, India’s exports surpassed the $300 billion target ...
    3 weeks ago
  • Previewing This Weeks Key Macro Events


    Authority Authority:
    Goldman summarizes what to look forward to in the next few days, when once again fundamental will be ignored and all attention will be on the ECB. The Week ahead will be dominated by global PMI and US labour market data as the two key releases. A few central banks meetings are on schedule, but market consensus ...
    3 weeks ago
  • Previewing Todays Q1 GDP Print


    Authority Authority:
    In 45 minutes we will get the first unrevised big picture look of how the US economy did in the record hot weather-boosted first quarter of 2012. Consensus is looking for a +2.5% print, although according to some preliminary analysis, the weather, which simply pulled "demand" forward, may have resulted in an up to ...
    4 weeks ago
  • Previewing Todays Q1 GDP Print


    Authority Authority:
    In 45 minutes we will get the first unrevised big picture look of how the US economy did in the record hot weather-boosted first quarter of 2012. Consensus is looking for a +2.5% print, although according to some preliminary analysis, the weather, which simply pulled "demand" forward, may have resulted in an up to ...
    4 weeks ago
  • Previewing Today’s Q1 GDP Print


    Authority Authority:
    In 45 minutes we will get the first unrevised big picture look of how the US economy did in the record hot weather-boosted first quarter of 2012. Consensus is looking for a +2.5% print, although according to some preliminary analysis, the weather, which simply pulled “demand” forward, may have resulted in an up to ...
    4 weeks ago
  • Overnight Sentiment: Zen-like After Initial Revulsion


    Authority Authority:
    Futures are unchanged after dropping steeply overnight following the Spanish re-downgrade as the Italian 5/10 year bond auction was bad, but still passed (somehow the lack of the European bond market ending is good news). This is ironic with Europe very much on edge following the release of very disappointing EU data, ...
    4 weeks ago
  • Overnight Sentiment: Zen-like After Initial Revulsion


    Authority Authority:
    Futures are unchanged after dropping steeply overnight following the Spanish re-downgrade as the Italian 5/10 year bond auction was bad, but still passed (somehow the lack of the European bond market ending is good news). This is ironic with Europe very much on edge following the release of very disappointing EU data, ...
    4 weeks ago

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