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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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US trade confounds expectations

Macro 3 minutes to read

Christopher Dembik

Head of Macro Analysis

Summary:  More evidence of economic progress in the US - the trade gap has narrowed unexpectedly. But, with hopes of a China-US trade deal running high, this print wasn't a market mover.

February US trade data are out. Contrary to expectations, the monthly trade deficit decreases to $49.4bn and the politically-sensitive deficit with China narrows to $30.1bn. There is little market impact. Given the fact that the deadline was extended, investors still consider that a trade deal between China and the USA will be announced soon.
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