Global Macro Perspectives
U.S. trade balance for June was reported at $-49.9 billion vs. consensus of $-42.5 billion and May reading of $-42.3 billion. Q2 GDP growth will be revised sharply downwards. Chart 1. U.S. Trade Balance
U.S. trade balance for April was reported at $-42.3 billion vs. consensus of $-39 billion and April reading of $-40.3 billion. Chart 1. U.S. Trade Balance
The quantity of news articles and blog post on Greece reached greatest number ever. Too much of attention to a issue that is important to the markets only if we look at it as a warning signal. The U.S. trade deficit unexpectedly rose to $40.2 billion vs. $35.7 billion consensus and $36.4 billion November. Well, […]