U.S. import prices fell 0.1% in September, following declines of 1.6% in August and 1.0% in July. Analysts were predicting 0.5% decrease. Unlike the decreases the 2 previous months where falling fuel and nonfuel prices each contributed to the decline, the September drop was entirely driven by lower nonfuel prices. The price index for overall imports decreased 10.7% between September 2014 and September 2015 and has not recorded a 12-month increase since the index rose 0.9% for the year ended July 2014.
Prices for U.S. exports fell 0.7% in September, following a 1.4% drop the previous month. Falling agricultural and nonagricultural export prices each contributed to the September and August declines. The price index for overall exports fell 7.4% over the past year, the largest year-over-year decrease for the index since an 8.3% drop for the 12 months ended July 2009.
Euro is currently being traded around 1.1360 area, Sterling is few points above 1.1330 level, while Aussie is at 0.7330 area.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
Forex Web News is part of Rolling Capital Network providing financial consulting.
Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.
Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.
All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.
We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.
Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.