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Showing 111 - 120 of 178 results for "trade deficit"

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 MAY 2009
... efforts to raise capital by banks and other firms. The markets also digested better-than-expected data on the US trade deficit and reassuring comments from Federal Reserve chairman, Ben Bernanke, about the health of the banking system. The Dow Jones ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 DEC 2008
... expected to open lower after shares in the US slumped on a big rise in unemployment claims and a surprising jump in the trade deficit. Resource stocks may gain after commodity prices advanced. At 0830 AEDT on the Sydney Futures Exchange, the December ...

US growth disappoints

BENJAMIN ONG  |  FRIDAY, 1 AUG 2008
... surplus of A$411million in June, better than forecasts for A$100 million deficit. Even better, the ABS revised the May trade deficit lower from A$965 million A$253 million. This is a very good result especially considering that most of the major world ...

Goods and services trade deficit narrows to $2.7b

ALEX DUNNIN  |  WEDNESDAY, 7 MAY 2008
Australia's favourable terms of trade metrics is finally counting for something as the balance on goods and services numbers improved by $525 million in March. According to the ABS, in seasonally adjusted terms the deficit on the balance improved by ...

US Fed back in the lead

ALEX DUNNIN  |  TUESDAY, 8 APR 2008
... that we are starting to see the other side of sub-prime tunnel. In particular, exports are growing, the US "non-oil trade deficit" is being contained, while the USD should start to recover into 2009. How long it takes for housing-lead confidence and ...

Who cares about the US, it's Asia that matters

ALEX DUNNIN  |  WEDNESDAY, 16 JAN 2008
The Australian Bureau of Statistics (ABS) has just released an analysis of how Australia's international trade profile has changed since Federation, confirming just how much our world has changed and why Asia and not the US is what drives our economy. ...

Perfect storm

ALEX DUNNIN  |  THURSDAY, 29 NOV 2007
High oil prices and a shrinking US dollar signal an economic perfect storm looming on the horizon, warns the International Monetary Fund (IMF). Simon Johnson, IMF chief economist told ABC TV's Business Lateline program last night that the credit crisis ...

Super for members, not nation building

ALEX DUNNIN  |  WEDNESDAY, 29 AUG 2007
... net exporter of capital, what this means is Australia will not run current account surpluses due to our continued trade deficit, but rather, Australia will lend more money to other countries than they lend to us," he added. Our net position in bonds ...

Economic round-up: Circle your wagons

SUZY MAC  |  FRIDAY, 1 JUN 2007
... Darrouzet claimed that despite mining companies' cost cutting, revenues were "going out the door". With another monthly trade deficit, making our 60th in a row, our feeble export performance seems to support the failure of our infrastructure, particularly ...

Market wrap - midday

AAP  |  FRIDAY, 11 MAY 2007
... 80 points, or 1.25 per cent, to 6295 on a volume of 5,610 contracts. US stocks fell overnight after a broadening trade deficit triggered fears about the economy's health, and as the Federal Reserve voiced concerns on inflation this week. The Dow Jones ...