UK’s May: US,UK Now Need Much Closer Trade Relations
Jan27

UK’s May: US,UK Now Need Much Closer Trade Relations

Casting her country as a partner with the U.S. in the “leadership of the free world,” UK Prime Minister Theresa May told the Republican majority in the U.S. Congress that a threatening post-Brexit world calls for a trade relationship more tightly linked than ever before. “I’m delighted that the new administration has made a trade agreement between our countries one of its earliest priorities,” she said,...

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China Trade Surplus With U.S. May Stoke Trump Tension
Jan13

China Trade Surplus With U.S. May Stoke Trump Tension

China’s trade surplus with the U.S. was little changed last year, even as the Asian nation’s overall surplus fell 14%, adding further ammunition to incoming U.S. President Donald Trump’s case against unfair Chinese competition. China exported $250.8 billion more to the U.S. than it imported, accounting for 50% of the country’s total 2016 trade surplus of $509.96 billion, according to data released on Friday by...

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BOJ: Japan Sep Supply-Side Consumption Index Up; Q3 Up 0.5%
Nov08

BOJ: Japan Sep Supply-Side Consumption Index Up; Q3 Up 0.5%

The Bank of Japan said Tuesday its Consumption Activity Index rose a real 0.1% on a seasonally adjusted basis in September, the first rise in two months. The slight increase followed -0.7% in August and +1.1% in July. As a result, the index rose 0.5% on quarter in July-September after falling 0.1% in April-June and 0.3% in January-March. The BOJ’s consumption indicator reflects a wide range of sales and supply-side statistics on...

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German bunds slump as dihk raises GDP growth forecast; markets await ECB policy decision
Oct20

German bunds slump as dihk raises GDP growth forecast; markets await ECB policy decision

The German bunds slumped Thursday after Chambers of Commerce (DIHK) raised economic growth forecast for 2016. Also, investors now await the European Central Bank’s monetary policy decision for future market directions, which is scheduled to be released on October 20. The yield on the benchmark 10-year bond, which moves inversely to its price, rose 2 basis points to 0.04 percent, the yield on long-term 30-year note also climbed 2 basis...

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BOJ Sep Tankan Sentiment Flat; Profits Hit by Strong Yen
Oct03

BOJ Sep Tankan Sentiment Flat; Profits Hit by Strong Yen

The Bank of Japan Monday released its quarterly Tankan business survey for September conducted from Aug. 29 to Sept. 30. The diffusion index is calculated by subtracting the percentage of companies reporting deteriorating business conditions from the percentage of those reporting an improvement. A positive figure indicates the majority of firms see better business conditions. The average dollar/yen exchange rate assumed by polled...

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