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Oliver Sutton

U.s. Trade Gap At Highest Level In 18 Months

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...increased oil imports due to cut back production in the GOM...?.... :rolleyes:

No, they were down.

Many analysts had pinned their estimates on lower petroleum imports, which did decline but not sufficiently so to make a dent.

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How much should it fall against the euro?

The pound should rise against the Euro. 1.25 first - then 1.40-1.50.

If you mean the dollar-euro, it should fall first, then rise to parity.

Edited by AvidFan

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The pound should rise against the Euro. 1.25 first - then 1.40-1.50.

If you mean the dollar-euro, it should fall first, then rise to parity.

:lol::lol::lol:

So it's nothing to do with the trade deficit, it's just what side the pound is on.

Fly that flag !!!

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Due to the great consumer spending recovery and buying more Chinese tat:

WASHINGTON (
AP
) -- The U.S. trade deficit widened in May to the highest level in 18 months as a rebounding economy pushed up demand for imports of foreign-made cars, computers and clothing.
The trade deficit increased 4.8 percent to $42.3 billion, the largest imbalance since November 2008, the Commerce Department reported Tuesday. American exports of goods and services rose 2.4 percent but this increase was outpaced by a 2.9 percent rise in imports.

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  • 153 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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