US goods exports dropped -0.9% mom to USD 179.8B in August. Goods imports dropped -1.7% mom to USD 267.1B. Trade deficit came in at US D-87.3B, comparing with July’s USD -90.2B. Wholesale inventories rose 1.3% mom to USD 913.1B. Retail sales rose 1.4% mom to USD 741B.0B. Full release here.
The post US goods exports dropped -0.9% mom in Aug, imports dropped -1.7% mom appeared first on Action Forex.
The fear of losing legacy brands is increasingly becoming a reality as even well-known retailers struggle to adapt to shifting consumer preferences, rising operating costs, e-commerce growth, and intensifying competition. Many longstanding companies that once Read more…
As the rising costs of operations continue to squeeze cash flow even with strong visitor numbers, a number of small and mid-size hotel and short-term rental platform operators have filed for bankruptcy over the last Read more…
The Fed may keep rates high, while the ECB is unlikely to raise them. Japan’s economy has been hit by a double blow and needs new stimulus measures. The US dollar fell sharply after Donald Read more…