trade deficit News

European Markets End Mostly Higher as GDP and Earnings Reports Take Center Stage

European markets closed mostly higher, driven by UK GDP growth, expanded trade deficit, and corporate earnings from Nestle, Commerzbank, and Barclays. The DAX rose, FTSE 100 fell, ...

European Markets Surge: Key Earnings Reports and Economic Data Drive Optimism

European markets mostly closed higher, driven by positive UK GDP growth, expanded trade deficit, and inflation reports from Germany and Switzerland. Key earnings from Nestle, Comme...

European Markets Mostly Rise: UK GDP Growth and Corporate Earnings in Spotlight

European stock markets mostly closed higher, influenced by UK GDP growth, trade deficit expansion, and corporate earnings. Key movements observed in DAX, FTSE 100, CAC 40, and Euro...

European Markets Surge: A Closer Look at GDP Growth and Earnings Reports

European markets closed mostly higher, driven by UK GDP growth, trade deficit expansion, and key earnings reports from Nestle, Commerzbank, and Barclays. Inflation data from German...

Trump's Tariff Threats Trigger Tumble: Bitcoin Dives Below $93,000, Ethereum Crashes 13%

President Trump's tariff announcements have caused significant market uncertainty, leading to a sharp decline in the value of Bitcoin and Ethereum. Bitcoin fell below $93,000, and ...

Toyota Eyes Expansion in the US Amid Trade Talks Between Japan and Trump Administration

Japanese Prime Minister Shigeru Ishiba and US President Donald Trump discussed enhancing economic ties, focusing on Toyota's potential US investment and addressing the trade defici...

Toyota Eyes Expansion: Japanese Prime Minister Reveals Plans for Increased US Investment

Japanese Prime Minister Shigeru Ishiba announced Toyota's plans to increase investments in the US during a meeting with President Trump. Discussions also covered the US-Japan trade...

Toyota Eyes Expansion in US: A Strategic Move Amid Trade Talks

Japanese Prime Minister Shigeru Ishiba and US President Donald Trump discussed Toyota's potential investment in the US, trade deficits, and the US Steel deal, signaling a possible ...

European Markets Show Mixed Signals as Key Economic Data Takes Center Stage

European stock markets opened with mixed results as investors digested Germany's trade surplus and industrial output data, along with France's trade deficit report. The Bank of Eng...

Trump's Tariff Announcement Sends Bitcoin and Ethereum into a Tailspin

President Trump's tariff announcements have caused significant drops in Bitcoin and Ethereum values, with Bitcoin falling below $93,000 and Ethereum plummeting by 13%. The market r...

Toyota Eyes Expansion in the US Amid Trade Talks Between Japan and the US

Japanese Prime Minister Shigeru Ishiba announced Toyota's plans to increase investments in the US during a meeting with President Trump, amidst discussions on trade deficits and th...

European Markets Show Mixed Signals as Investors Focus on Economic Data

European stock markets opened mixed, influenced by Germany's trade surplus and industrial output, France's trade deficit, and the Bank of England's interest rate cut. The DAX rose ...

Tech Earnings Disappoint: Wall Street Opens Lower Amidst Mixed Results

Wall Street opened mostly lower due to disappointing tech earnings from Alphabet and AMD, alongside an expanding US trade deficit. The Nasdaq 100 and S&P 500 faced declines, while ...

Tech Earnings Disappoint: Wall Street Opens Lower as Alphabet and AMD Miss Expectations

Wall Street opened lower as tech giants Alphabet and AMD's earnings reports disappoint. Alphabet's Google cloud revenue growth slows, while AMD's net income drops 28%. The US trade...

Tech Earnings Disappoint: Wall Street Opens Lower as Alphabet and AMD Fall Short

Wall Street opened lower as tech giants Alphabet and AMD reported disappointing earnings, with Alphabet's Google cloud revenue growth slowing and AMD's net income dropping. The U.S...

Tech Earnings Disappoint: Wall Street Opens Lower Amidst Lukewarm Results

Wall Street opened mostly lower as tech earnings from Alphabet and AMD disappointed investors. The U.S. trade deficit grew in December 2024, affecting market movements. The euro ga...

Wall Street Dips as Tech Earnings Disappoint, Trade Deficit Widens

U.S. stock markets opened lower as tech earnings disappoint and the trade deficit widens. Alphabet and AMD report slower growth and declining net income, respectively, while the eu...

Cryptocurrency Market Takes a Hit: Bitcoin Dives Below $93,000, Ethereum Falls 13%

Following President Trump's tariff announcements, the cryptocurrency market faced significant volatility. Bitcoin dropped below $93,000, and Ethereum fell by 13%, highlighting the ...

South Korea Faces a 5.1% Drop in Exports Mid-January Amid Lunar New Year Impact

South Korea's exports decreased by 5.1% in mid-January, influenced by the Lunar New Year holidays reducing working days. Despite a rise in semiconductor exports, declines were note...

South Korea's Export Growth in Early January: A Semiconductor Surge Leads the Way

South Korea's export volume increased by 3.8% in early January, driven by a significant surge in semiconductor exports. While some sectors like passenger cars and steel products sa...

November Sees a $5 Billion Drop in Gold Imports: Government Revises Figures

The commerce department has revised gold import figures downward by over $5 billion for November, impacting the total import estimates for 2024-25 and reducing the trade deficit. T...

US Stock Markets Surge as Trade Data Meets Expectations, Eyes on Services and Jobs

US stock markets opened higher as the latest trade deficit figures met expectations, shifting investor focus to upcoming services and job data. The Dow, Nasdaq, and S&P 500 all saw...

India's Current Account Deficit Shows Improvement, Drops to 1.2% of GDP

India's current account deficit narrowed to 1.2% of GDP in Q2 FY25, showing resilience against a widening trade deficit, thanks to robust services exports and remittance inflows.

US Stock Markets Dip as Trade Deficit Widens: A Closer Look

US stock markets opened lower on Friday after the trade balance report showed an increased deficit of $102.9 billion in November, affecting major indices and currency values.

Rupee Plunges to Historic Low: 6th Consecutive Day at 85.2/$

The Indian rupee hit an all-time low for the sixth consecutive trading session, closing at 85.20 against the US dollar. Factors contributing to the decline include rising US bond y...

Trump Calls on EU to Boost U.S. Oil and Gas Imports to Avert Tariffs

President-elect Donald Trump urges the EU to increase U.S. oil and gas imports to address trade deficit, warning of potential tariffs if action is not taken.

Unusual Surge in November Gold Imports Raises Doubts

The commerce department and Central Board of Indirect Taxes and Customs are reviewing the gold import numbers for November, suspecting an error that pushed up the overall figure.

Japan's Exports Surge in November, Surpassing Market Expectations

Japan's exports grew by 3.8% in November, surpassing expectations and driven by strong global demand. Exports to China rose by 4.1%, while those to the US declined by 8%. The trade...

Japan's Trade Deficit Narrows Significantly in November Amidst Export Growth

Japan's merchandise trade deficit for November was ¥117.6 billion, a significant improvement compared to the ¥462.1 billion deficit recorded in October. Exports increased by 3.8% y...

India's Trade Deficit Reaches Historic High of $37.9 Billion in November

India's trade deficit reached a record $37.9 billion in November, driven by soaring gold imports and a decline in exports. Gold imports quadrupled to $14.9 billion, while exports f...

Japan's BOP Trade Deficit Narrows to ¥155.7B in October

Japan's trade deficit on a balance of payments basis improved to ¥155.7 billion in October, down from ¥315.2 billion in the previous month. Exports rose by 2.9% year-on-year, while...