- Prior month 11.027M
- Balance of goods trade surplus of 7.280M vs 10.500M estimate
- Imports rise 4.8%. Last month 1.3%
- Exports fall -2.2%. Last month 1.6%
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US MBA 30-yr Mortgage Rate drops to 6.16% vs 6.18% prior
US MBA Mortgage Applications for the week ending 16 January +14.1% vs +28.5% prior
UK January CBI trend total orders -30 vs -33 expected; Prior -32
TACO trade falters as S&P 500 drops 2.1%, VIX spikes. Investors await bigger rout to test Trump's resolve.
Japan's bonds tumble, 10-yr yield hits 27-yr high. Fitch affirms 'A' rating, sees manageable deficits despite election tax cut pledges.
S&P 500 beats earnings 81% of the time, but shares lag! Valuations at 22x forward earnings, high risk.
Gold hits $4,800, up 2.2% amid trade war fears. US futures rise, EU stocks mixed. Watch Trump's Davos speech!
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