The Traderszone Network

Published in TZ Latest News 28 March, 2016 by The TZ Newswire Staff

The US advanced goods trade balance for February -62.864B vs. 62.2B est.

Last month -62.398B
The high over the last 12 months was -69.29B in March 2015. The low water mark came the following month at -59.435B in April 2015.  
The trade data is not too far from the expectations or the prior month.  It probably will not have  a material impact on the GDP estimates for the 1Q.    PCE core was a bit weaker which seems to be getting the most attention as the US dollar has moved a touch lower.