U.S. trade deficit increases in September

Source: Bloomberg
The trade gap of the United States surged to $41.8 billion in September of this year from $38.7 billion a month earlier, while economists forecasted the deficit to advance slightly to $39 billion. Imports of such products as automobiles and mobile phones jumped, while exports declined. At the same time, the rise in imports indicates the high confidence among American companies about domestic demand.
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Fri, 15 Nov 2013 10:33:08 GMT

Italy trade surplus decreases against expectations

The trade surplus of Italy unexpectedly dropped to 794 million euro in September of the current year from 1.07 billion a month earlier, while analysts expected the positive trade balance to extend to 1.63 billion euro. However, the surplus surged from 131 million euro in September of the previous year. On the annual basis, exports jumped 2% versus 5.4% drop

Fri, 15 Nov 2013 10:11:09 GMT

Asian stocks report gains on China policy optimism

The Asian shares strives for the first weekly advance in a month, afterwards the Federal Reserve chairman nominee, Janet Yellen, announced to remain U.S. stimulus unchanged, and speculation was made that China is going to release details of optimistic economic reform.The MSCI Asia Pacific Index advanced 1.3%, thus extending weekly gain to 1.8%.

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