Imports Archive

China News

Reads to me like policy is moving back towards growth and ‘inflation?’ I don’t expect runaway inflation but enough to continue to fundamentally continue to weaken the currency. China’s currency has been fundamentally weakened for the last couple of years, while being supported vs the dollar by foreign investment, speculation, and what ...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

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

Comments on 8:30 numbers

Retail sales weak today, but exports up over 16% earlier this week, and jobless claims now settling in around 350,000 – far from recession levels. That’s what export economies look like. Meanwhile, non oil import prices up 0.6%, and export prices up 0.9%. US GDP growth may be hovering around zero, but ...Read More

Perspective

Perspective by Steve Hanke US Mercantilist Machismo, China replaces Japan The United States has recorded a trade deficit in each year since 1975. That is a good thing – exports are real costs, imports benefits. This is not surprising because savings in the US have been less than investment. This is a ...Read More

China’s export prices

Checked with our China economist, it appears that China’s export price has been rising since early 06. Compared to the price by end of 06, export prices are already 7.4% higher (See charts attached)-an interoffice email While headlines focus on China’s internal inflation issues, more relevant to the fed are China’s export ...Read More