Canada December trade balance -$3.19B vs -$2.32B expected

Trade balance numbers from Canada

  • Prior was -$2.54 billion (revised to -$2.71B)
  • Exports $46.51B vs $46.25B prior (+0.6% m/m)
  • Imports $49.70B vs $48.96B prior (+1.5% m/m)

This is a tad on the disappointing side but it's not going to make any difference in CAD trading today.

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