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US Balance of Trade
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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.   

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Modern Kiev is an administrative, cultural and financial center of Ukraine. It is one of the biggest cities in Europe with significant economic potential. Out of over 250 foreign and national banks working in Ukraine, about 100 banks are situated in Kiev. There are also a lot of insurance, consulting and clearing firms, stock exchanges, and investment funds. Kiev became one of the regular hosting cities for ShowFX World exhibitions. A strategic partner and participant of the ShowFX World Expo 2012 was InstaForex Company.
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