• US: Goods and Services trade deficit rises to $80.7B in December versus $83B expected

Market news

8 tháng 2 2022

US: Goods and Services trade deficit rises to $80.7B in December versus $83B expected

  • The US trade balance rose to $80.7B in December, a little less than expected.
  • FX market did not see any reaction to the latest US trade data.

The US Goods and Services trade deficit rose to $80.7B in the month of December, a smaller than expected rise from $79.33B the month prior, according to data from the Bureau of Economic Analysis and the US Census Bureau on Tuesday. The trade deficit had been expected to rise to $83B. Exports rose to $228.10B in December from $224.7B the month prior, while imports rose to $308.9B from $304B the month prior. The US/China trade deficit widened to $36.15B from $32.32B in November. 

Market Reaction

FX market did not see any reaction to the latest US trade data. 

 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.