Categories Finance

US April trade balance -61.6B vs -70.0B expected

Prior was -140.5B (revised to -138.3B) Goods trade balance -86.97B vs -162.2B prior (prelim was -87.62B) Prior goods trade balance was -147.85B Exports +3.0% vs +0.2% prior Imports -16.3% vs +4.4% prior March was the largest-ever trade balance number as importers front-ran the Liberation Day tariffs. In April,…

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Categories Finance

US Q1 unit labor costs revised +6.6% vs +5.7% expected

Prelim was +5.7% vs +2.0% prior Productivity -1.5% vs -0.8% prelim Prior productivity +1.7% On face value, there’s some inflationary pressure here with labour costs higher and productivity lower but it’s volatile and lagging data. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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Categories Finance

US initial jobless claims 247K vs 235K expected

Prior was 240K Continuing claims 1904K vs 1910K expected Prior 1919K The market has been waiting for a climb in initial jobless claims. This reading is the highest since October, so it’s certainly creeping up and the US dollar has dipped on the data. This article was written…

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