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Euro area trade surplus rose to 22.5 billion euros in March this year from 17.9 billion euros a month earlier, Eurostat reported. According to economists' forecasts, a less significant increase was expected - up to 19.9 billion euros. Eurozone countries exported goods worth 205.6 billion euros, which is 3.1% more than the export volume of the same month in 2018. The volume of imports reached 183.1 billion euros, its growth over the year was 6%. Eurostat data for the EU countries showed an increase in the trade balance surplus of the European Union in March of this year to 2.9 billion euros from its February value of 2.7 billion euros. In March of this year, exports grew by 1.2% to 173.4 billion euros. Imports amounted to 170.4 billion euros, an increase of 6.4%.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
The Dollar fell on Tuesday, with the Euro and the British Pound Sterling gaining strength on the back of news that European Union leaders have agreed to roll out additional recovery funds in the region. New hopes for a potential COVID-19 vaccine ...
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