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US Trade Balance deficit narrowed to $39.0 billion

Wednesday, Jan 07 2015
US goods and services deficit was $39.0 billion in November, beating forecasts on a decline to $42.3 billion and down $3.2 billion from $42.2 billion in October, revised. November exports were $196.4 billion, $2.0 billion less than October exports. November imports were $235.4 billion, $5.2 billion less than October imports.
 
The November decrease in the goods and services deficit reflected a decrease in the goods deficit of $3.3 billion to $58.3 billion and a decrease in the services surplus of $0.1 billion to $19.3 billion.
 
Data did not have any major impact on the markets. Euro is currently being traded few points above 1.1830 level, Sterling is slightly above 1.51handle, while Aussie is around 0.8060 area. Later today, FOMC Meeting Minutes are scheduled for a release.
More in this category: « Private sector employment increased by 241,000 jobs Fed unlikely to raise interest rates before mid-2015 »

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