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Eurozone Trade Balance surplus rose to €24.9 billion

The first estimate for euro area exports of goods to the rest of the world in April 2015 was €173.6 billion, an increase of 9% compared with April 2014 (€159.6 bn). Imports from the rest of the world stood at €148.7 bn, a rise of 3% compared with April 2014 (€144.7 bn). As a result, the euro area recorded a €24.9 bn surplus in trade in goods with the rest of the world in April 2015, compared with +€14.9 in April 2014. Analysts were predicting smaller surplus of €20.3 billion. Intra-euro area trade rose to €141.0 bn in April 2015, up by 2% compared with April 2014.  Read more...

Australian Retail Sales unchanged, Trade Balance deficit grew

Australian Retail Sales were relatively unchanged (0.0%) in April 2015, thus missing forecasts on 0.4% increase. This follows a rise of 0.2% in March 2015 and a rise of 0.7% in February 2015. Trend estimate rose by 0.3% in April 2015. The following industries rose in trend terms in April 2015: Food retailing (0.2%), Clothing, footwear and personal accessory retailing (1.0%), Cafes, restaurants and takeaway food services (0.4%), Household goods retailing (0.2%), Other retailing (0.3%) and Department stores (0.2%).
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US Trade Balance narrowed to $40.9 billion in April

Latest report showed that the goods and services deficit in USA was $40.9 billion in April, down $9.7 billion from $50.6 billion in March, revised and better than forecasted deficit of $43.9 billion. April exports were $189.9 billion, $1.9 billion more than March exports. April imports were $230.8 billion, $7.8 billion less than March imports. Read more...

US Trade Balance deficit rose to $51.4 billion

US Trade Balance deficit was $51.4 billion in March, up$15.5 billion from $35.9 billion in February, revised. Analysts were anticipating rise to $41.2 billion. March exports were $187.8 billion, $1.6billion more than February exports. March imports were $239.2 billion, $17.1 billion more than February imports.
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