US goods exports and imports rose in June, trade deficit narrowed to $70.6B

<p>US exports of goods rose 13.9% mom to USD 102.6B in June. Imports of goods rose 4.8% mom to USD 173.2B. Trade deficit narrowed -6.1% mom to USD 70.6B. smaller than expectation of USD -75.5B. Whole sales inventories dropped -2.0% mom to USD 629.6B, worse than expectation of -0.4% mom. Full release here.</p>
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