Fx Primus Rebates

US and Canadian trade balance data coming up

Data on US and Canadian trade balance US trade balance data for April is due up at the bottom of the hour. The consensus is a $49 billion deficit, the same is March. I’m skeptical. The trade deficit was deteriorating through February and hit $57 billion before rebounding in the most-recent report. Estimates range from…

Fx Primus Rebates

Global foreign direct investment fell 23% in 2017 – UN

The money isn’t flowing Investments by firms or individuals in foreign companies plunged worse than believed last year, according to a new UN report. They had estimated it was down 16% in 2017 in a preliminary report in January but that was revised to -23% in numbers out today. Sharp downturns in the US and…