World Week Ahead: US economy accelerates

Sun, 08 Feb 2015

By Jonathan Underhill Feb. 9 (BusinessDesk) - Further evidence of the strong US labour market and a rebound in the price of oil has bolstered the mood on Wall Street as investors await more corporate earnings as well as the outcomes of meetings of Group of 20 leaders and euro-zone finance ministers. A report on the weekend showed China's trade surplus ballooned to a record US$60 billion in January, as exports dropped 3.3 percent from year-ago levels while imports plunged 19.9 percent, bolstering concern about the nation’s economy. "The...

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