The U.S. Census Bureau announced today that the goods and services deficit was $43.4 billion in December, up $1.1 billion from $42.2 billion in November, revised. December exports were $181.5 billion, $0.5 billion less than November exports. December imports were $224.9 billion, up $0.6 billion from November. The December increase in the goods and services deficit reflected an increase in the goods deficit of $1.3 billion to $62.5 billion and an increase in the services surplus of $0.1 billion to $19.2 billion.
There will be no data releases from Eurozone tomorrow. In the US session Trade Balance and NFP figures are scheduled for a release. Trade Balance deficit is expected to increase to $42.9 billion, while analysts predict increase by 189,00 in employment, with unemployment rate remaining unchanged at 5.0%.
There will be no major data releases both from Eurozone and USA on Monday, so we can expect a bit steadier session so we can expect a less volatile beginning of the week.
