appreciate due to the Fed’s tightening and a narrowing trade deficit (thank the shale revolution). We see the dollar rising ..... further to run (thanks to Fed rate hikes and a shrinking trade deficit ) – but it could be a rocky ride with temporary reversals
view is that a currency appreciation lowers domestic growth (exports suffer while imports increase, which widens the trade deficit ) and lowers domestic inflation (the dollar prices of imported goods decline, which puts downward pressure on a large set of consumer goods). Recent comments
for corporate profits. Headline Trade Deficit Falls Sharply on Port Strike On the surface, the trade deficit looked stunningly good, falling ..... some of the data. The monthly trade deficit improvement of $7.7 billion
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continues to expand at a solid clip even as economic growth has stalled.
(Adds details, fresh comment, closing figures) * Canadian dollar at C$1.2564 or 79.59 U.S. cents * Bond prices mostly lower across the maturity curve By Solarina Ho TORONTO, April 2 (Reuters) - The...
OTTAWA, April 2 (Reuters) - Canada's trade deficit unexpectedly shrank to C$984 million ($781 million) in February from C$1.48 billion in January as energy exporters benefited from stabilizing oil prices, Statistics Canada data showed on Thursday.
* Canadian dollar at C$1.2586 or 79.45 U.S. cents * Bond prices lower across the maturity curve By Solarina Ho TORONTO, April 2 (Reuters) - The Canadian dollar strengthened against its U.S....
WASHINGTON (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.
employment report, construction spending on Wednesday; weekly jobless numbers, job-cut announcements, international trade deficit , factory orders on Thursday; jobs report [ +225,000 to +284,000 ] and unemployment rate [5.5%] on Good Friday
starts might also weigh on the short-term numbers. The trade deficit was a big hurt to the fourth-quarter GDP report and ..... will boost imports even more, potentially driving the trade deficit higher. The consensus is for modest deterioration from