US: International trade deficit widens to $79.3 billion in July

  • US' Goods Trade Balance came in at -$79.32 billion in July.
  • US Dollar Index recovers modestly toward mid-92.00s in early American session.

The United States' international trade deficit widened by $8.3 billion to $79.32 billion in July, the US Census Bureau reported on Friday. 

"Exports of goods for July were $115.0 billion, $12.2 billion more than June exports," the publication read. "Imports of goods for July were $194.3 billion, $20.5 billion more than June imports." 

Furthermore, Wholesale Inventories in July declined by 0.1% to $633.7 billion.

Market reaction

The US Dollar Index largely ignored this data and was last seen losing 0.6% on the day at 92.44.

Fed's Harker: New policy about targeting velocity of inflation not overall level

The Federal Reserve's new monetary policy strategy is more about targeting the velocity of inflation rather than the overall level, Philadelphia Fed P
Baca lagi Previous

Chile Unemployment rate registered at 13.1% above expectations (13%) in July

Chile Unemployment rate registered at 13.1% above expectations (13%) in July
Baca lagi Next