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In April, deficit of the US foreign trade balance decreased by 2.1% and amounted to 46 billion 200 million dollars, which is the minimum value since September 2017, the country's Ministry of Trade reported. Analysts had expected the figure at $49 billion. Excluding price fluctuations, deficit fell to 77.5 billion dollars from 78 billion 200 million dollars a month earlier. Exports increased by 0.3% to a record $211 billion 200 million due to increased supplies of fuel, beverages and food. Import fell by 0.2% to 257 billion 400 million dollars due to reduction of purchases of foreign cars and consumer goods. The trade deficit with China fell to 30 billion 800 million dollars from 34 billion 200 million dollars.
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, ...
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 ...
Britain’s retail industry encouraged UK and EU negotiators to arrive at a post-Brexit trade deal. This came after the retail industry stated that consumers will endure higher prices from next year if a tariff-free trade is not guaranteed. Thousands ...
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