U.S. Feb trade gap falls near 6-year low, likely due to a port labor dispute

(Reuters) – The U.S. trade deficit in February fell sharply to its lowest level since 2009, likely as a labor dispute at one of the country’s main ports depressed both imports and exports. But the smaller deficit, which could see economists raise their first-quarter growth estimates, is probably temporary given a stronger dollar and weaker global demand…

U.S. GDP grows by 3.2% in 4th quarter, in line with expectations

The U.S. economy grew at a 3.2 percent annual rate in the October-December quarter on the strength of the strongest consumer spending in three years, an encouraging sign for 2014. The fourth-quarter increase followed a 4.1 percent growth rate in the July-September quarter…

Daily Forex Market Review 01/27/14 (+50 pips)

Today’s Trade Result: +50 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Daily Forex Market Review 10/21/13 (+40 pips)

Today’s Trade Result: +40 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

US trade deficit shrinks to lowest level since October 2009

WASHINGTON, Aug 6 (Reuters) – The U.S. economy likely grew faster than initially reported in the second quarter, thanks to a sharp narrowing in the trade deficit to its lowest in more than 3-1/2 years…

Japan Posts First Annual Trade Deficit Since 1980

Japan posted a trade deficit of 2.49 trillion yen ($32 billion) in 2011, the first since 1980, the Finance Ministry said in Tokyo today.

Aussie Declines to Two-Week Low on Job Cuts, China Trade Deficit

Shared by Henry

Around 10,000 jobs lossed during month of February in the Australian economy. Key news for this pair would be China’s CPI tonight due to Aussie large exports to the country………..
The Australian dollar fell to a two-week low agai…

U.S. trade deficit widens sharply

Shared by Henry

Along with poor employment in weekly claims report, trade balance falls. Risk aversion in todays market with concerns earlier in the United Kingdom
The U.S. trade deficit widened to a five-month high in January, as imports grew faste…

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