BMO Capital Markets analysis team suggest that the negative U.S. economic news seems to be piling on these days including the recently released housing starts, retail sales and industrial production, even though stronger inventories and consumer confidence were a good offset. Key Quotes “In any event, the U.S. goods trade deficit widened to a record $79.5 bln in Dec, as a third consecutive (2.8% in Dec) drop in exports (no shock…. weaker global demand and a stronger USD will do it) was mixed in with a 2.4% jump in imports.” “In any event, the data on the ground suggest there’s downside risk to Q4 GDP (due out today; consensus is 2.5% a.r.). At least stronger retail and whole sale inventories will provide a good offset.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI drops towards $ 56.50 on rising US supplies, weak Asian factory data FX Street 4 years BMO Capital Markets analysis team suggest that the negative U.S. economic news seems to be piling on these days including the recently released housing starts, retail sales and industrial production, even though stronger inventories and consumer confidence were a good offset. Key Quotes "In any event, the U.S. goods trade deficit widened to a record $79.5 bln in Dec, as a third consecutive (2.8% in Dec) drop in exports (no shock.... weaker global demand and a stronger USD will do it) was mixed in with a 2.4% jump in imports." "In any event, the data on the ground suggest there's… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
