Friday, June 8, 2007

The deficit of US international trade unexpectedly declined in April

The deficit of US international trade unexpectedly declined in AprilThe Ministry of Trade reported today that US international trade deficit unexpectedly declined in April to $58.5bln. Positive data on US international trade is most likely to consolidate dollar against major currencies. The deficit of international trade for March was revised from $63.9bln to $62.4. The analysts expected deficit increase to $64.0bln.
Imports fell in April to $187.98bln from $191.63bln in March. Exports increased to $129.49bln from $126.24 in the preceding month.

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