- Goods Trade Balance in the US came in at -$79.4 billion in September.
- US Dollar Index continues to push higher above mid-93s.
The United States’ goods and services deficit declined by $3.7 billion to $79.4 billion from $83.1 billion in August, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis showed on Wednesday.
“Exports of goods for September were $122.0 billion, $3.2 billion more than August exports,” the publication further revealed. “Imports of goods for September were $201.4 billion, $0.5 billion less than August imports.”
Additionally, the Wholesale Inventories in September fell by 0.1% after increasing by 0.3% in August.
Market reaction
The US Dollar Index extended its daily climb after this data and was last seen gaining 0.52% on the day at 93.58.