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January Trade Deficit.......................>

US DATA
US DATA: January Trade Deficit
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- Jan trade deficit narrowed sharply to -$51.1b vs -$57.0b BBG and 
-$57.5b MNI, regaining almost all of the Dec widening.
- Dec trade gap rev wider to -$59.9b (prev -$59.8b), largest since 2008. 
- The BOP goods gap narrowed to -$73.3b vs -$81.5b Dec. 
- Ex-petro goods gap narrowed to -$71.2b, petro gap narrowed to -$0.9b.
- Imports down on capital goods (-$3.0b), industrial supplies (-$2.3b), 
exports up on food (+$1.3b), autos (+$1.2b), consumers goods (+$0.7b)
- The bilateral trade gaps narrowed with China, Canada, Mexico and EU.

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