US Oct advance goods trade balance data now out 28 Nov
- USD -64.1bln prev
- exports 129,084mln vs 130,334mln prev
- imports 197,381mln vs 194,447mln prev
Soggy trade data as exports decrease and imports increase. Large imports could be considered bullish as a sign of domestic demand though.
USD a little softer though with inventories data lower. Also can be considered bullish though if you work on less on shelves = increased demand but markets don't always go with that theory!
USDJPY 111.18 USDCHF 0.9819 EURUSD 1.1898 GBPUSD 1.13289
Full report here
