Tuesday 11 September 2012

Economic Indicators of 11.09.2012


Great Britain The difference between imports and exports.Trade Balance deficit increased to 10.1 billion in June from 8.4 billion in May, worse than the 8.5 billion forecasted. Deficit is expected to decrease to 8.9 billion.

U.S Trade Balance It released monthly by Bureau of Economic Analysis,USA.The data scheduled to release by 6pm IST.

Trade Balance deficit contracted in June to %42.9 billion after posting a deficit of 48.0 billion in the preceding month. The reading was better than the 47.4 forecasted by analysts. A deficit of $44.2 billion is predicted now.

 IBD/TIPP Economic Optimism U S Consumer’s economic outlook worsened in August down to 45.6 after reaching 47.0 in July, contrary to the 47.4 predicted by analysts. A rise to 47.3 is expected now.

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