-
US Week Ahead: FOMC Minutes, Retail Sales, Trade Balance, PPI, UMich Sent
The August International Trade deficit likely widened to -USD40.0 billion, from -USD39.1 billion in July. Crude oil prices were higher in August, which will likely contribute to the widening of the trade deficit by boosting the value of petroleum imports. Exports of consumer goods were down 8.3% in July, and some rebound is expected in August which should offset some of the higher petroleum prices. Automotive imports likely remained high in August alongside strong vehicle sales. The September FOMC minutes will be parsed for hints on the timing of an expected taper later this year. After surprising markets last month ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 5, 2013 2:44pm Oct 5, 2013 2:44pm
- Yao
- | Joined Aug 2011 | Status: Member | 669 Comments
- Comment #2
- Quote
- Oct 9, 2013 5:14am Oct 9, 2013 5:14am
- Guest
- | IP XX.X.143.110
- Comment #3
- Quote
- Oct 9, 2013 5:28am Oct 9, 2013 5:28am
- shahid079
- | Joined Jul 2013 | Status: Member | 23 Comments
- Comment #4
- Quote
- Oct 29, 2013 4:57am Oct 29, 2013 4:57am
- shahid079
- | Joined Jul 2013 | Status: Member | 23 Comments