Trade deficit drops to $ 63.9 billion in September

The United States trade balance deficit dropped in september from $ 67,000 million to $ 63,900 million, only above the $ 63.8 billion market consensus. The exports rose 2.6% to $ 176.4 billion and the imports 0.5% to $ 240.2 billion.

The report was ignored by the operators. The focus is on the vote count of the US presidential election Before the foreign trade report, the ADP private employment report was released, and later it will be the turn of the Markit PMI (final reading) for October and ISM of the service sector. The Federal Reserve will announce its monetary policy decision on Wednesday.

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Credits: Forex Street

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