They were looking for a 9 rise. Imports fell 12. 7 . Estimates were for 8iron percent for a 10 fall. That is most likely due to falling Commodity Prices driving down the value of imports. That brings the march trade surplus to just over 3 billion. Given that 60 billion dollars surplus in february, economists were looking for about 60 billion. Economists say the march drop is due to that timing of the Chinese New Year. They say the International Market demand is weak. Export orders are falling and all the late and only the u. S. Market is doing well right now. This shows underlying weakness in the manufacturing sector. The overcapacity, there is a lot of hide labor cost, high financing cost. Customs officials said exporters are losing orders and all these higher costs are hurting trade. We of course see weakness in the eurozone and japan hurting trade. Pmi has been weak [no audio] rishaad clearly weve got a technical gremlin in the works. Lets get back to the markets. Heres zeb. Zeb the
/PRNewswire/ Singapore Space & Technology Limited (SSTL) announces the second year of its partnership with the World Bank Group, to organize a Digital Earth.
/PRNewswire/ Singapore Space & Technology Limited (SSTL) announces the second year of its partnership with the World Bank Group, to organize a Digital Earth.