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Portugal has been trying to export its way out of the economic mess that it has been in for some time. And it has been doing an amazing job, particularly given its poor export track record and deteriorating economic conditions in the eurozone. Portugal's exports now make up close to 40% of its GDP vs. 25% 3 years ago. The nation's trade deficit has nearly disappeared in part due to falling domestic demand but also to improved exports.
The U.S. Bureau of Labor Statistics released the April jobs report on Friday, revealing a cooling labor market with narrower job gains across several major industries. The report...
Preliminary estimates of second-quarter US GDP activity suggest output may stabilize after two straight quarters of slower growth, based on the median for a set of nowcasts...
Bank of England meets on Thursday, unlikely to signal rate cutsReserve Bank of Australia could maintain a higher-for-longer stanceElsewhere, Bank of Japan releases summary of...
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