trade deficit

Japan posted a trade deficit of 82.6 billion yen ($1.01 billion) in March, versus a surplus of ¥170.9 billion, in the year-ago period. Economists were expecting a deficit of ¥223.1 billion. Japan's exports climbed 5.9%, while imports jumped 10.5%, according to provisional data by the Ministry of...

Australia posted a trade deficit of 480 million Australian dollars ($493 million) in February. Exports declined a seasonally adjusted 2% versus January and imports fell 4%, according to the Australian Bureau of Statistics. Economists were expecting a A$1.1 billion trade surplus.

On Friday, US trade deficit data for the month of October came in lower than anticipated. The balance of trade printed at negative $43.5B, less than the $43.9B that was expected. This may lend credence to the possibility that the Federal Reserve's plan is working: that is, a weakening of the US...

Japan posted a trade deficit of 273.8 billion yen ($3.56 billion) in October. Economists were expecting a surplus of ¥55.6 billion. Exports declined 3.7% y/y. Japan's imports for October climbed 17.9%

For the record, I still believe that there will not be a breach of the debt ceiling and no overt default for the US. Things will be worked out in the nick of time, like they always are. However, the media is full of articles wondering about what ‘investors' might do in response to a US default and...

The Japanese yen has been appreciating against the U.S. dollar in recent weeks. Although the yen has not yet reached the levels it hit in March following the tsunami, the yen is far removed from the lows it touched against the dollar after the group of seven decided to intervene in the currency...

For the first time since 1976, Canada is on pace to become a net importer rather than a net exporter. Imports were up 3.9% in November, led by energy. Exports were only up 1.1%, also led by energy. All told, the net deficit was $333 million (U.S.). Bad news for Canada? Not so fast. The conventional...