Free Trial

January International Trade Preview -.......>

US DATA
US DATA: January International Trade Preview - 08:30 ET/12:30 GMT
---------------------------------------------------------------
- The international trade gap is expected to narrow to $57.0b based on the
Bloomberg consensus and to $57.5 based on an MNI survey of analysts. This
follows a sharp widening in December.
- The December gap was the largest in a decade, so some give back was to be
expected, but if the forecasted value would still be much larger than the
October and November readings and suggest Q1 net exports could be a significant
drag on GDP.
- There was no advance estimate of the Census goods gap to act as a preview this
month (Commerce will start that up again with March data), so today's report
could be more of a surprise to some market participants.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.