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US: Goods and services deficit was $43.6 billion in June, down $2.7 billion from May

"The goods and services deficit was $43.6 billion in June, down $2.7 billion from $46.4 billion in May, revised. June exports were $194.4 billion, $2.4 billion more than May exports. June imports were $238.0 billion, $0.4 billion less than May imports," The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced on Friday.

Key highlights:

  • The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.1 billion to $65.2 billion and an increase in the services surplus of $0.6 billion to $21.6 billion
  • Year-to-date, the goods and services deficit increased $26.7 billion, or 10.7 percent, from the same period in 2016. Exports increased $64.9 billion or 6.0 percent. Imports increased $91.7 billion or 6.9 percent

RBNZ to maintain the OCR at 1.75% - ANZ

Analysts at ANZ expect the RBNZ to maintain the OCR at 1.75% on Thursday and stick to a neutral bias, in what will be Graeme Wheeler’s final OCR decis
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Canada: Merchandise trade balance with the world posted a $3.6 billion deficit in June

"Canada's merchandise trade balance with the world posted a $3.6 billion deficit in June, widening from a $1.4 billion deficit in May, the Statistics
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