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Surprise Fall In Us Trade Deficit

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http://news.bbc.co.uk/1/hi/business/4765713.stm

Record exports to China helped produce a surprise fall in the US trade deficit for March - hitting $62bn (£33bn), its lowest level in six months.

The Commerce Department said the gap narrowed 5.6% from February, its biggest decline in a year.

Market watchers had expected the trade shortfall to grow to about $67bn as a result of higher oil imports.

Still very large, but may help calm things down a bit as it was lower than expected!

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http://news.bbc.co.uk/1/hi/business/4765713.stm

Still very large, but may help calm things down a bit as it was lower than expected!

NEW YORK (AFX) -- U.S. stock futures are pointing to a lower open Friday as

the latest data on import prices did little to ease concerns about inflation,

while a rise in bond yields only served to underline the market's glum outlook

on interest rates.

A surprise narrowing in the U.S. trade deficit offered some consolation.

Dow futures dropped 22 points to 11,522, Nasdaq 100 futures fell 7 points to

1,657.75 while S&P 500 futures were off 4 points at 1,307.40.

"The rise in import prices has a little to do," with the weakness in stock

futures, said Owen Fitzpatrick, managing director private wealth management at

Deutsche Bank. "The market's very jittery about any signs of inflation."..............

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  • 301 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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