US August trade balance -58.3B vs -65.08B expected
<ul><li><a href="https://www.forexlive.com/news/us-july-international-trade-balance-650b-vs-680b-expected-20230906/" target="_blank" rel="follow">Prior </a>was -65.08B </li><li>Goods trade -84.64B vs -84.27B prelim</li><li>Prior goods trade was -$90.92B</li></ul><p>This is best reading since the pandemic and indicates that the strong dollar isn't a problem for trade. That's bullish and will lead to upward revisions to Q3 GDP estimates.</p>
This article was written by Adam Button at www.forexlive.com.
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