empty
 
 
US Balance of Trade
loader

The trade balance deficit of the United States is still up-directed.


According to the published report of the US Commerce Department, the trade balance had decreased by 6 billion 400 mln dollars, bringing the deficit to 51.83 billion dollars, while the analysts were predicting a downtrend only to the mark of 50 billion.


The deficit rising was provoked by a sharp springing of consumer goods import to the country, and the advancing volumes of imported means of production. A total volume of import expanded by 5.2%, and export added just 2.9%.   


The experts did not pay much attention to the trade balance contraction and remained the second economic growth forecast at the same 1.9% level.


The national currency also did not really respond to the disappointing findings. The greenback lost 40 points versus the euro, but later on it had regained positions.   

Calendar and reviews
Editor's choice
Being the capital and the largest city of the Republic of Moldova Chisinau became the center of attraction for Moldavians. Just like Rome, the city has been growing on seven hills along the river Bîc during six hundred years. As Bîc sounds pretty close to bull in Moldavian we could suppose that the locals prefer trading in an uptrend. Nowadays, locals of Chisinau want to take full advantage of the international currency market, so they are keen to take part in annual finance conferences arranged by InstaForex.
Ales Loprais, InstaForex Loprais Team driver, speaks about teamwork during the race (Krasnaya Polyana)
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback