U.S. trade

Heading Into the Spring Holiday Break

April 2, 2015

Most financial markets will be closed tomorrow, observing Good Friday.  Passover and Easter will keep volume light through Monday.  Attention in the meantime is fixed upon nuclear talks between Iran and a U.S.-led coalition of Western Governments as well as the equally unresolved Greek debt talks.  The release today of U.S. trade figures and the […] More

Today’s North American Data Highlights

April 12, 2012

Although the U.S. $46.0 billion goods and services trade deficit in February was at a three month low, the deficit in January-February was still 6.1% wider than in the first two months of 2011.  A deficit with China comprised 39.9% of the total January-February shortfall, and the remaining deficit was split more or less evenly […] More

A Big Rumor

November 10, 2011

Yesterday’s market extremes initially continued Thursday but have moved back somewhat amid unconfirmed rumors of a special ECB Governing Council meeting to authorize much heavier, possibly unlimited, bond purchases via the SMP facility.  Even if true, it seems doubtful that such would be a lasting panacea for what has evolved into an insolvable quagmire. The […] More

Comments on Today’s North American Data Releases

July 12, 2011

Following a solid CAD 2.035 billion surplus in the first month of 2011, Canada has now posted four straight deficit that collectively outweigh that initial surplus by CAD 80 million.  Canada has recorded 13 deficits in the last 15 reported months.  The May deficit of CAD 813 million was similar to April’s CAD 857 million […] More

U.S. and Canadian March Trade Highlights

May 11, 2011

A USD 48.2 billion goods and services trade deficit in March was 6.0% wider than the February deficit, and the first-quarter U.S. shortfall was USD 26.7 trillion or 23.5% greater than the deficit in the first quarter of 2010.  In first quarter-over-first quarter comparisons, U.S. exports climbed 14.9%, while imports went up 16.7%.  Net exports […] More