5 Jun 2015
US Exports rebounding, but... - BNP
FXStreet (Guatemala) - Analysts at BNP Paribas noted the trade balance conditions in the US.
Key Quotes:
"Exports rebounded in April as strikes ended in west coast ports and business confidence picked up in the manufacturing sector."
"Don’t expect much from these trends, however: America’s external competitiveness has been sapped by the strong dollar and feeble productivity. Even though the labour market continues to turn around, households prefer to rebuild savings."
Key Quotes:
"Exports rebounded in April as strikes ended in west coast ports and business confidence picked up in the manufacturing sector."
"Don’t expect much from these trends, however: America’s external competitiveness has been sapped by the strong dollar and feeble productivity. Even though the labour market continues to turn around, households prefer to rebuild savings."