• Prior -44.4bn. Revised to -44.66bn
  • Exports 0.1% vs 1.1% in May (2.9% y/y)
  • Imports -1.2% vs -0.1% prior (4.6% y/y)
US international trade exports vs imports 06 08 2014

US international trade exports vs imports 06 08 2014

An improvement in the deficit comes with the negative news that exports are down on the month and it’s been a bigger drop of imports that’s led the move. USD/JPY is testing 102.20 support after the data.

US exports imports 06 08 2014

US exports imports 06 08 2014

US trade deficit 06 08 2014

US trade deficit 06 08 2014