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Australian Trade Balance surplus rose to $3.57 billion

In trend terms, the balance on goods and services was a surplus of $3,320m in February 2017, an increase of $545m (20%) on the surplus in January 2017. In seasonally adjusted terms, the balance on goods and services was a surplus of $3,574m in February 2017, an increase of $2,071m on the surplus in January 2017. Read more...

China's Trade Balance missed market expectations

China's trade balance for February, in Yuan terms, came in at -60.4 billion CNY vs 172.5bn expected and 354.5bn last. Exports came at 4.2% y/y vs 14.6% expected and 15.9% last, while imports were +44.7% y/y vs 23.1% expected and 25.2% last.

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US Trade Balance deficit rose to $48.5 billion

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $48.5 billion in January, up $4.2 billion from $44.3 billion in December, revised. January exports were $192.1 billion, $1.1 billion more than December exports. January imports were $240.6 billion, $5.3 billion more than December imports.

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Australian trade surplus narrows unexpectedly in Janaury

Australia’s trade surplus narrowed unexpectedly January, as imports rose and exports declined. After seasonal adjustments, Canberra’s trade surplus stood at A$1.3 billion in January, down from a revised $3.3 billion the prior month, the national statistics bureau reported Thursday. Economists in a median estimate forecast the surplus to expand to $2.2 billion. Economists in a median estimate called for a surplus of $3.82 billion.

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