- Trade balance deficit reaches the lowest level of the year.
- Wholesale inventories rise 1.9% in June.
- In the American afternoon the decision of the Federal Reserve is known.
According to the preliminary report, the trade balance of goods in June had a deficit of 98.2 billion dollars, which implies a reduction with respect to the 105,000 million of May. It is the lowest level of deficit so far this year.
Exports in June were 181.5 billion (4.4 billion more than in May), a record level. While imports fell by 1.5 billion to 279.7 billion in June.
Wholesale inventories for June (preliminary) were also released, showing a rise of 1.9%.
In another report, figures for requests for durable goods were released, which showed figures above expectations. This pushed the dollar up modestly. The key event on Wednesday is the Federal Reserve decision. A rise of 75 basis points in the interest rate is expected.
Source: Fx Street
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