US goods exports fell -1.7% mom to USD 170.8B in October. Goods imports was flat 0.0% mom at 260.7B. Goods trade deficit widened from USD -86.8B to USD -89.8B, larger than expectation of USD -86.7B. Wholesale inventories fell -0.2% mom to USD 899.4B. Retail inventories was virtually unchanged at USD 796.6B. Full US goods trade […]
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In trade, investment and, with time, via financial flows, China has a considerable long-term advantage that is set to grow their real economy and national wealth. This week, President Xi and President Trump are due Read more…
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Key takeaways US futures edged lower in the early Asian session: Donald Trump rejected Iran’s latest peace response, dampening hopes for a formal US-Iran agreement and keeping geopolitical risk premiums elevated. Stronger-than-expected US April jobs Read more…