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The US external deficit in September reached a maximum in the last 7 months - a value of 54 billion 19 million dollars. The growth rate for the month was 1.3%, the US Department of Commerce reported. According to economists' forecasts, a less significant growth was expected - to 53 billion 600 million dollars. Exports amounted to 212 billion 600 million dollars, rising by 1.5% due to an increase in the supply of aircraft, automobiles, petroleum products and products of the pharmaceutical industry. Imports also grew by 1.5%, reaching a record $266 billion 600 million. The balance of trade deficit with China increased to a record 40 billion 200 million dollars.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
The euro hit a four-month peak against the dollar on Wednesday on hopes that the European Union would implement economic stimulus and deeper fiscal integration to support the economy amid the pandemic. The euro rose to $1.1423, its highest ...
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