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The surplus of the foreign trade balance of the eurozone in March rose to 26.9 billion euros against 18.9 billion euros a month earlier, data of the Statistical Office Eurostat showed. Exports to countries that are not members of the euro area in March fell by 2.9% in annual terms to 199.9 billion euros. Imports amounted to 173 billion euros, decreased by 2.5%. Exports from the euro area in the first quarter increased by 2.5% and amounted to 555.7 billion euros. Import increased by 1.4% to 506.3 billion euros. The foreign trade surplus of the eurozone amounted to 49.4 billion euros, increased by 15%.
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 ...
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 U.S. Federal Reserve eased another $2 million in emergency loans this week to help struggling U.S. businesses amid the recession. The Fed’s overall asset portfolio reported growth for the second week, holding above $7 trillion. The ...
China saw positive customs data on Tuesday, raising hopes that the world’s second-largest economy is on the way to recovering from the COVID-19 pandemic. Exports for June rose 0.5% year-on-year compared to an analysts’ forecast ...
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