Trade deficit in U.S. at the lowest since October 2009

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
The U.S. trade gap narrowed more than expected in June. The deficit decreased 22.4% to $34.2 billion, which is the lowest level since the end of 2009. Exports climbed 2.2%, while imports fell 2.5%. Main drivers were improving sales of engines, telecommunications equipment and petroleum goods. Economist forecast ranged between $38 and $48.3 billion, the median was 43.5.
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Tue, 06 Aug 2013 14:58:06 GMT

Gold still declining on possible U.S. stimulus tapering

Gold fell for a second consecutive day as Dallas Federal Reserve President Richard Fisher makes hawkish announcements, and as series of positive U.S. data concerns investors about stimulus tapering. The yellow metal futures lost 1.68% to $1,280.40 per ounce on Comex. Silver traded 1.19% lower at $19.485 per ounce.

Tue, 06 Aug 2013 13:48:05 GMT

Dollar flat following trade balance, ahead of Evans' speech

The greenback rose moderately versus the common currency as investors reacted to better-than-forecast trade balance data ahead of the Fed's Charles Evans speech on further insight into U.S. stimulus. The U.S. Dollar traded around $1.3280 versus the common currency and declined 0.41% to $1.5350 against the Sterling.

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