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Wednesday, September 6, 2017

Canada July international merchandise trade -$3.04B vs -$3.30B expected

Canadian trade balance data for July - Prior was -$3.60B (revised to -$3.76B) - Exports $44.14B, down 4.9% from June - Imports $47.18B, down 6.0% from June Price decreases were widespread and that's in some part due to Canadian dollar strength. At this point, the BOC has almost-certainly made up its mind but you have to assume they got
Canada July international merchandise trade -$3.04B vs -$3.30B expected

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