Large US trade imbalance and the Fed's tightening
The US external trade is weakening rapidly. Its deficit has never been so important (measured in real terms and ex oil trade). Imports have a strong momentum. It reflects the…
A dynamic and cyclical approach to the global economy
The US external trade is weakening rapidly. Its deficit has never been so important (measured in real terms and ex oil trade). Imports have a strong momentum. It reflects the…
In May, the Chinese external trade balance was back to large surplus at USD 35.9bn. The rise in exports (+7% year on year) may be a good indication on world…
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