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5 Sep 2018

Canada: Trade deficit with the world narrowed to $114 million in July

"Canada's merchandise trade deficit with the world narrowed from $743 million in June to $114 million in July, the smallest deficit since the most recent surplus in December 2016," Statistics Canada announced on Wednesday.

Total exports rose 0.8%, mainly on higher crude oil prices.
Total imports declined 0.4%, due to fewer aircraft imports.
In real (or volume) terms, exports were down 0.8%. Export prices rose 1.6%, and were behind the export gain in nominal terms.
- This price increase was primarily attributable to higher prices of energy products.
Total import volumes fell 1.1% in July, and prices were up 0.7%.

Sep 5, 2018

US: International trade deficit rises to $50.1 billion in July from $45.7 billion in June

"The goods and services deficit was $50.1 billion in July, up $4.3 billion from $45.7 billion in June, revised," the U.S. Census Bureau and the U.S. B

EUR/USD still seen dropping to sub-1.15 levels – Danske Bank

Chief Strategist at Danske Bank Valtteri Ahti still sees EUR/USD dropping below the 1.1500 handle in the near term. Key Quotes “USD strength is agai