Exports Archive

China Extends Crackdown on Off-Balance-Sheet Loans

Cutbacks now will further slow things: China Extends Crackdown on Off-Balance-Sheet Loans July 4 (Reuters) — China’s bank regulator has cracked down on off-balance-sheet lending by the country’s banks, sources told Reuters on Monday, its latest step to prevent over-zealous and risky lending from hurting its financial system. China Banking Regulatory Commission ...Read More

China Commerce Ministry comments

Looking ugly. And a trade deficit and FDI not profitable due to higher costs can weaken the currency as well. 25Feb10 RTRS-CHINA COMMERCE MINISTRY SEE NO CLEAR EXTERNAL DEMAND REBOUND -SPOKESMAN 25Feb10 RTRS-CHINA COMMERCE MINISTRY SAYS WILL TAKE TWO-THREE YEATS TO REGAIN EXPORT MOMENTUM 25Feb10 RTRS-CHINA COMMERCE MINISTRY SAYS CANNOT RULE OUT ...Read More

Yuan Peg Spurs Exports

[Skip to the end] If the yuan is ‘naturally’ stronger than that it means they are accumulating dollar reserves without the wrath of the US administration. This will encourage other potential exporters to do the same and help the dollar find a bottom. The Eurozone, however, remains ideologically inhibited from buying dollars ...Read More

2008-10-10 USER

[Skip to the end] Trade Balance (Released 8:30 EST) Exports MoM (Released 8:30 EST) Imports MoM (Released 8:30 EST) Exports YoY (Released 8:30 EST) Imports YoY (Released 8:30 EST) Trade Balance ALLX (Released 8:30 EST) Import Price Index MoM (Released 8:30 EST) Import Price Index YoY (Released 8:30 EST) Import Price Index ...Read More

2008-08-12 US Economic Releases

[Skip to the end] ICSC-UBS Store Sales WoW (Released 7:45 EST) ICSC-UBS Store Sales YoY (Released 7:45 EST) Redbook Store Sales Weekly YoY (Released 8:55 EST) ICSC-UBS Redbook Comparisson TABLE (Released 8:55 EST) Trade Balance (Released 8:30 EST) Exports MoM (Released 8:30 EST) Imports MoM (Released 8:30 EST) Exports YoY (Released 8:30 ...Read More

Exports, Inflation, and the USD

[Skip to the end] This is what happens when non residents are scrambling to reduce their hoards of USD financial assets. Exports rising like this along with the still falling dollar indicates the current $60 billion monthly trade gap is still too high – non-residents simply don’t want to accumulate USD financial ...Read More

Schmidt of RBS favors USD over Euro — a turning point?????

[Skip to the end] Bloomberg News Video Clip Maybe, but… It will be tough for the USD index to move up without the CBs and monetary authorities buying it, and that means crossing Paulson and accepting being labeled a ‘currency manipulator’ and ‘outlaw.’ And the higher crude prices mean USD spent on ...Read More

Exports – looks good, feels bad

Net Exports as a % of GDP (Keep in mind: exports are real costs; imports real benefits.) Since January 2005 net exports (while still negative) have gone up by about 1.55% of GDP through 2007 year end, and so far have continued higher in Q1 2008. In Q1 2005 the general environment ...Read More

Central bank debate: Is it inflation or deflation?

Here’s how the inflation can persist indefinitely: In addition to the India/China type story for resource demand, this time around nominal demand for commodities is also coming from our own pension funds who are shifting more of their financial assets to passive commodity strategies. Pension funds contributions have traditionally been invested primarily ...Read More

GDP/ADP

From Karim: GDP slows from 4.9% to 0.6% Personal consumption slows from 2.8% to 2.5% DGO strength in Dec shows up in modest positive in equipment and software (+3.8%) Residential FI (housing) down 23.9% Core PCE up 2.7% annualized for quarter and 2.1% y/y Net exports add 0.4% to gwth Inventories a ...Read More