Eurozone trade surplus widens in June

Source: RTTNews
Euro area's foreign trade surplus rose in June, Eurostat reported on Friday. The trade surplus expanded to EUR 14.9 billion in June, compared to EUR 7.1 billion in preceding month. In the same period of 2011 the balance showed a EUR 0.2 billion surplus. Exports surged 12% on year to EUR 161.5 billion, while imports rose 2% to EUR 146.6 billion.
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Fri, 17 Aug 2012 12:38:40 GMT

Hong Kong equities rebounded on Angela Merkel remarks

Hong Kong stocks erased some of the previous losses on Friday after Angela Merkel supported the ECB actions, easing concerns over the crisis in the Eurozone. Additionally, speculation that the POBC is preparing to loosen its prudent monetary policy boosted market sentiment. The Hang Seng Index gained 0.77% to close at 20,116.07. Seven out of nine sectors included in the

Fri, 17 Aug 2012 15:50:55 GMT

Treasuries jumped on economic data

The U.S. treasuries jumped on Thursday, pushing 10- year note yields lower by 1.43% to 1.79%. The two-year notes erased 1 basis point to 0.28%. Initial jobless claims in the U.S. rose slightly to 366 thousand in the week ended August 11. In the property market, the number of new residential buildings declined by 1.1 per cent in July to 746,000 units.

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