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Showing 11 - 20 of 93 results for "trade surplus"

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... "To qualify under the Treasury's "enhanced monitoring" system, a country has to have a significant bilateral trade surplus with America and a material current-account surplus, and to have made a "persistent, one-sided intervention in foreign-exchange ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... 8.5% in May from 9.4% in April and 10.1% in March. But while that prickly external account showed that China's trade surplus narrowed to US$24.9 billion in May from US$28.8 billion in the previous month and US$40.5 billion in the same month last ...

Chief economist update: Can't get enough of war

BENJAMIN ONG  |  MONDAY, 16 APR 2018
... three criteria "specified in the Trade Facilitation and Trade Enforcement Act of 2015": (1) a significant bilateral trade surplus with the United States is one that is at least $20 billion; (2) a material current account surplus is one that is at least ...

Chief economist update: No target sign on India's back

BENJAMIN ONG  |  MONDAY, 9 APR 2018
... India still exports more to the US than it imports (US$22.9 billion worth in 2017 or just around 6.0% of China's trade surplus with the US) but India's steel and aluminium exports account for only 4% and 1.0% of its total exports, respectively, as at ...

Thinning trade surplus shaves A$

BENJAMIN ONG  |  FRIDAY, 8 DEC 2017
Financial markets expected Australia's trade surplus to narrow in October but not by this much. The Australian Bureau of Statistics'(ABS) 'International Trade in Goods and Services report showed that the country's trade surplus dropped to just A$105 ...

China's inflation lift indicates strong demand

BENJAMIN ONG  |  FRIDAY, 10 NOV 2017
Assessed in tandem with the previous day's report of a narrowing in China's international trade surplus in October, the latest update on the country's inflation indicates the central government's progress towards rebalancing the economy. China's CPI ...

China trade deficit with Australia widens

BENJAMIN ONG  |  THURSDAY, 9 NOV 2017
... in the Middle Kingdom should help partly assuage Donald's displeasure with the US-China trade imbalance. China's trade surplus contracted sharply to US$38.2 billion in October from US$48.4 billion in the same month last year. This is less than market ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... explained the rally as due to "strong trade and buildings approval data". Fair enough. Latest data showed Australia's trade surplus doubled to A$1.8 billion in September from A$0.9 billion in the previous month, aided by a 3.0% increase in exports and ...

The Trump risk on global trade

BENJAMIN ONG  |  FRIDAY, 14 JUL 2017
... international trade accounts underline the current missive of strengthening global growth and with it, global trade. China's trade surplus improved to US$42.77 billion in the month of June from US$40.79 billion in the previous month. This is better than ...

Which part of the elephant are you holding?

BENJAMIN ONG  |  FRIDAY, 5 MAY 2017
... the latest update on Australia's "International Trade in Goods and Services". The numbers show that the country's trade surplus narrowed by 15% to A$3.1 billion in March from an upwardly revised A$3.7 billion in the previous month as imports rose (5%) ...