Latest Breaking News On - Sudhir shetty - Page 1 : comparemela.com
they were looking for a 9% rise. imports fell 12.7%. estimates were for 8-iron 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 we ve got a technical gremlin in the works. let s get back to the market
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