Highlights of the September 2015 US trade balance data report 4 November 2015
– . Revised to -48.02bn
– Exports +1.6% vs -2.0% prior
– Imports -1.8% vs +1.0% prior
Exports to Japan took a sizeable spill (-13.8% vs _2.2% prior). OPEC exports grew 18.8% vs -9.4% in Aug. Europe was busy buying as exports rose 7.7%, and we see an increase with China, +2.8% vs -3.5% prior