ramkumar1992
America's Oil Trade Deficit Shrinks To Its Lowest Level In 10 Years
The US trade deficit unexpectedly narrowed in August as the oil deficit fell to a ten-year low.
In August, the trade deficit was $40.1 billion, down from $40.3 billion in July, and below expectations for $40.8 billion.
Exports rose to a record $198.5 billion, according to the latest Balance of Trade report from the Census Bureau.
Bloomberg's Victoria Stilwell noted that the trade deficit fell to its lowest level in seven months, while exports rose to a new record.
Petroleum exports in August rose to $6.05 billion from $5.9 billion in July, while year-to-date petroleum exports are up to $4.8 billion over last year. Stilwell noted that the petroleum deficit shrank to $13.1 billion in August, the smallest since July 2004.
In a note following the report, Ian Shepherdson at Pantheon Macro said, "In one line: Flattered by oil exports but trade will make a hefty contribution to Q3 GDP growth."
Shepherdson added that overall, net trade will add to GDP growth in Q3 and still sees Q3 GDP coming in at 3.5%.
The trade report on Friday was somewhat overshadowed by the latest jobs report, which showed that nonfarm payrolls grew by 248,000 in September as the unemployment ate fell below 6% for the first time in more than six years.
Overall though, a strong morning for the US economy as US trade looks strong and the labor market continues to recover.
The US trade deficit unexpectedly narrowed in August as the oil deficit fell to a ten-year low.
In August, the trade deficit was $40.1 billion, down from $40.3 billion in July, and below expectations for $40.8 billion.
Exports rose to a record $198.5 billion, according to the latest Balance of Trade report from the Census Bureau.
Bloomberg's Victoria Stilwell noted that the trade deficit fell to its lowest level in seven months, while exports rose to a new record.
Petroleum exports in August rose to $6.05 billion from $5.9 billion in July, while year-to-date petroleum exports are up to $4.8 billion over last year. Stilwell noted that the petroleum deficit shrank to $13.1 billion in August, the smallest since July 2004.
In a note following the report, Ian Shepherdson at Pantheon Macro said, "In one line: Flattered by oil exports but trade will make a hefty contribution to Q3 GDP growth."
Shepherdson added that overall, net trade will add to GDP growth in Q3 and still sees Q3 GDP coming in at 3.5%.
The trade report on Friday was somewhat overshadowed by the latest jobs report, which showed that nonfarm payrolls grew by 248,000 in September as the unemployment ate fell below 6% for the first time in more than six years.
Overall though, a strong morning for the US economy as US trade looks strong and the labor market continues to recover.
· 3
ramkumar1992
America's Oil Trade Deficit Shrinks To Its Lowest Level In 10 Years
The US trade deficit unexpectedly narrowed in August as the oil deficit fell to a ten-year low.
In August, the trade deficit was $40.1 billion, down from $40.3 billion in July, and below expectations for $40.8 billion.
Exports rose to a record $198.5 billion, according to the latest Balance of Trade report from the Census Bureau.
Bloomberg's Victoria Stilwell noted that the trade deficit fell to its lowest level in seven months, while exports rose to a new record.
Petroleum exports in August rose to $6.05 billion from $5.9 billion in July, while year-to-date petroleum exports are up to $4.8 billion over last year. Stilwell noted that the petroleum deficit shrank to $13.1 billion in August, the smallest since July 2004.
In a note following the report, Ian Shepherdson at Pantheon Macro said, "In one line: Flattered by oil exports but trade will make a hefty contribution to Q3 GDP growth."
Shepherdson added that overall, net trade will add to GDP growth in Q3 and still sees Q3 GDP coming in at 3.5%.
The trade report on Friday was somewhat overshadowed by the latest jobs report, which showed that nonfarm payrolls grew by 248,000 in September as the unemployment ate fell below 6% for the first time in more than six years.
Overall though, a strong morning for the US economy as US trade looks strong and the labor market continues to recover.
The US trade deficit unexpectedly narrowed in August as the oil deficit fell to a ten-year low.
In August, the trade deficit was $40.1 billion, down from $40.3 billion in July, and below expectations for $40.8 billion.
Exports rose to a record $198.5 billion, according to the latest Balance of Trade report from the Census Bureau.
Bloomberg's Victoria Stilwell noted that the trade deficit fell to its lowest level in seven months, while exports rose to a new record.
Petroleum exports in August rose to $6.05 billion from $5.9 billion in July, while year-to-date petroleum exports are up to $4.8 billion over last year. Stilwell noted that the petroleum deficit shrank to $13.1 billion in August, the smallest since July 2004.
In a note following the report, Ian Shepherdson at Pantheon Macro said, "In one line: Flattered by oil exports but trade will make a hefty contribution to Q3 GDP growth."
Shepherdson added that overall, net trade will add to GDP growth in Q3 and still sees Q3 GDP coming in at 3.5%.
The trade report on Friday was somewhat overshadowed by the latest jobs report, which showed that nonfarm payrolls grew by 248,000 in September as the unemployment ate fell below 6% for the first time in more than six years.
Overall though, a strong morning for the US economy as US trade looks strong and the labor market continues to recover.
· 3
ramkumar1992
The negotiation of a transatlantic free trade agreement between Canada and the EU (CETA) and between the USA and the EU (TTIP) is being complicated by the controversial question of investment protection...
· 1
194
ramkumar1992
Roman Myravyev
Daniel Stein
What a wonderful morning...
Traded BLUEBALL TRADING SYSTEM correctly -http://deskipper.blogspot.ru/p/dear-customers-friends-and-interested.html
Торгуем BLUEBALL TRADING SYSTEM правильно - http://deskipper.blogspot.ru/2014/09/blueball-trading-system.html
If quality matters - Blueball IT
What a wonderful morning...
Traded BLUEBALL TRADING SYSTEM correctly -http://deskipper.blogspot.ru/p/dear-customers-friends-and-interested.html
Торгуем BLUEBALL TRADING SYSTEM правильно - http://deskipper.blogspot.ru/2014/09/blueball-trading-system.html
If quality matters - Blueball IT
1
ramkumar1992
Artikel des Autoren --- geteilt
SQL und MQL5: Mit der SQLite Datenbank arbeiten 
Dieser Beitrag richtet sich an Entwickler, die in ihren Projekten gerne SQL verwenden möchten. Er erklärt die Funktionsweise und Vorteile von SQLite. Für diesen Beitrag sind keine speziellen Kenntnisse der SQLite-Funktionen nötig, doch ein Grundverständnis von SQL wäre durchaus hilfreich.
· 1
ramkumar1992
Artikel des Autoren MetaQuotes geteilt
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Das MetaTrader Client Terminal ist perfekt für die Automatisierung von Handelsstrategien geeignet. Es bietet alle nötigen Werkzeuge für Entwickler von Handelsrobotern – die leistungsstarke, C++-basierte Programmiersprache MQL4/MQL5, die praktische Entwicklungsumgebung MetaEditor und einen Multithreading-fähigen Strategietester, der verteiltes Rechnen im MQL5 Cloud Network unterstützt. In diesem Beitrag erfahren Sie, wie Sie Ihr Client Terminal mit allen benutzerdefinierten Elementen in eine virtuelle Umgebung migrieren können.
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ramkumar1992
Beitrag Interesting things Amazon chief said about India veröffentlicht
The Amazon founder Jeff Bezos spoke about topics, both personal and professional, with an infectious wit. "I do the dishes at home to make sure that my wife continues to love me and the day I clean the table, it is true love back...
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143
ramkumar1992
Beitrag NSE extends deadline for providing client details to Oct 10 veröffentlicht
The National Stock Exchange (NSE) has asked its trading members to provide mobile numbers and e-mail addresses of their clients by October 10 to facilitate dissemination of instant trade alerts. This is the second extension given by the stock exchange...
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