Canada June trade balance -$3.73B vs -$2.9B expected

<ul><li>Prior was -3.44B (revised to $2.68B)</li><li>Exports $60.7B vs $62.05B prior</li><li>Imports vs $64.43B vs $64.73B prior</li></ul><p>The aggregate level of trade is slowing and that's a poor sign for economic activity. Today's weak China trade data was particularly alarming and goes some way to explain the weakness in markets today.</p>

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

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