The US trade deficit widened to $36.5 bln in September. This is good news for the risk trade as it suggests US growth is picking up. Imports saw their biggest rise since 1993.
The wider deficit will subtract from the GDP revision, however.
US import prices rose less than expected in October, up 0.7% versus an expected 1.0% rise.
Canada posted a 927 mln trade deficit in September, lower than mealy C$ 2 bln in August.
EUR/USD jumped to the 1.4880s on the data.
