U.S. trading balance

Friday, 9 December 2011 07:53

Following official data released by Bureau of Economic Analysis the U.S. trade balance fell last month.

Despite of that October’s deficit of 43.5 billion dollars is at one of lowest level in this year, following previous month’s gap of 44.2 billion USD.

Also in Canada, biggest economic partner deficit was a surprise.

According to Statistic Canada country trade balance fell unexpectedly.

Seasonally adjusted balance decreased to negative 0.9 billion CAD from 1 billion in the previous month.
That didn’t meet analyst’s expectations of 0.6 billion rise.

CAD fell against USD after release news of trade balance.