29 Dec 2015
US goods trade report and S&P/Case-Shiller housing data in focus – BBH
FXStreet (Delhi) – Research Team at BBH, suggests that US data today includes the advance goods trade report and S&P/Case-Shiller house prices.
Key Quotes
“The combination of a stronger US dollar and growth differentials have seen some deterioration of the US trade balance. The three-month average shortfall in Q4 14 was $60.66 bln. In October, the monthly deficit averaged $62.32 bln over the past three months. House prices in the top 20 urban centers rose 4.35% in 2014 and are up 5.45% year-over-year in September. The Bloomberg consensus calls for a 5.6% year-over-year rise in October.”
Key Quotes
“The combination of a stronger US dollar and growth differentials have seen some deterioration of the US trade balance. The three-month average shortfall in Q4 14 was $60.66 bln. In October, the monthly deficit averaged $62.32 bln over the past three months. House prices in the top 20 urban centers rose 4.35% in 2014 and are up 5.45% year-over-year in September. The Bloomberg consensus calls for a 5.6% year-over-year rise in October.”