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Balance of Trade is Contracting
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Statistics on foreign-trade relations of many countries are disappointing.  Trade gap is widening.


Thus, negative balance grew up to 10.119 bn pounds in Great Britain, although the analysts expected it to reach the reading of 8.725 bn pounds. The situation is similar in Canada, where trade balance shrunk to 1.800 bn dollars. In both cases the reason for a noticeable increase in deficit is in weaker global demand: export and import volumes are decreasing.


Nevertheless, fresh data from the USA demonstrated a sudden improvement of foreign trade exponents. Export gained 0.9% up to 185 bn dollars as a result of higher demand for automobiles and industrial products.


Import, on the contrary, reduced amid fall in oil prices by 1.5%. As a result, trade balance deficit lost 11% up to 42.9 bn dollars.


Positive data encouraged investors and the dollar rate went up against its major counterparts to the level of 82.70 points.

Kalender dan ulasan
Pilihan editor
The United Arab Emirates seem to be a land where nothing is impossible with its capital city Abu Dhabi being a place of dreamlike fantasies. Glassy skyscrapers and futuristic buildings in the midst of Arabian dessert boggle imagination. And it is hard to believe that half a century back this one of the world’s richest cities called "Arabian Manhattan" did not even know about electricity and water pipe. Today, firmly high oil price which has become a component of UAE economic blossom can become a recipe for success of every trader. Abu Dhabi which is one of the major financial centers in the world holds annual prestigious exhibitions and conferences. In 2011 at the annual event «Forex&Investment Summit» the world-wide known broker InstaForex picked up the "Best Retail Forex Broker" award.
Ales Loprais, InstaForex Loprais Team driver, speaks about teamwork during the race (Krasnaya Polyana)
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