Canada November trade balance +1.57B vs +2.00B expected

<ul><li>Prior was +2.97B</li><li>Exports $65.74B vs $65.98B prior</li><li>Imports $64.17B vs $63.01B prior</li><li>Canada's trade surplus with the United States narrowed from $12.1 billion in October to $11.7 billion in November.</li><li>In November, monthly service exports were up 1.0%</li></ul><p>This was the fourth consecutive monthly trade surplus. Those numbers should improve when some big pipeline and energy projects come online but that hangs on the price of oil and gas.</p>

This article was written by Adam Button at www.forexlive.com.