Markets

U.S. ECONOMICS: U.S. Trade Price Preview - Consensus Imports -0.2% and Exports -0.1%

July import prices are scheduled to be released Thursday at 8:30 a.m. ET. Import prices are expected to fall 0.2% (consensus range -0.6% to 0.0%) while export prices should show a 0.1% decline (consensus range -0.6% to 0.2%). The U.S. trade price report revealed the expected June drop in food export prices and boost in oil import prices that allowed divergent headline swings, though price declines for natural gas depressed the ex-oil and ex-food trade price measures, and "core" prices fell to leave a weaker than expected price trajectory into mid-year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More