MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

MNI China Daily Summary: Wednesday, July 24

France Manufacturing Sentiment Lowest Since Dec 2020

MNI: FRANCE JUL MANUF SENTIMENT AT 95

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: UK Feb Trade Gap Narrows

(MNI) London

The UK trade deficit narrowed to GBP9.261 billion in February from GBP12.838 billion in January, however the decline was distorted by an operational change in the measurement of exports to the European Union.

EU exports rose by 25.4% in February, but that follows a 22.0% decline in January, the month that the reporting change took place. Compared to December of 2021, exports to the EU rose by 0.3%. That took the EU trade gap down to GBP8.456 billion from GBP12.259 billion in January, but up from GBP 4.855 billion in December.

The non-EU trade gap, which was unaffected by the change, expanded to GBP12.138 billion from GBP11.639 billion in January. The total trade gap in goods declined to GBP20.594 billion from GBP23.898 billion. Excluding non-monetary gold, the total trade gap narrowed to GBP18.325 billion from GBP21.422 billion in January.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataPolicy NewsHomepageData StoriesData BriefCEEMEABank Of England (BOE) Market NewsBriefUKStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataPolicy NewsHomepageData StoriesData BriefCEEMEABank Of England (BOE) Market NewsBriefUKStoryRegion
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.