Market news
08.02.2022, 13:32

US: Goods and Services trade deficit rises to $80.7B in December versus $83B expected

  • The US trade balance rose to $80.7B in December, a little less than expected.
  • FX market did not see any reaction to the latest US trade data.

The US Goods and Services trade deficit rose to $80.7B in the month of December, a smaller than expected rise from $79.33B the month prior, according to data from the Bureau of Economic Analysis and the US Census Bureau on Tuesday. The trade deficit had been expected to rise to $83B. Exports rose to $228.10B in December from $224.7B the month prior, while imports rose to $308.9B from $304B the month prior. The US/China trade deficit widened to $36.15B from $32.32B in November. 

Market Reaction

FX market did not see any reaction to the latest US trade data. 

 

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