Thursday, June 7, 2007

Economic Preview: International Trade Data Due Friday, Thursday, June 07, 2007 3:55:56 PM

Friday will see the release of an important economic report on the trade deficit. Trading will take place a day after Thursday`s sell-off on Wall Street. Traders will be watching the economic data closely for direction.

At 8:30 am Eastern Time Friday morning, the Department of Commerce will release data on international trade. The report shows the gap the U.S. has accumulated in trading goods and services to other nations. The trade deficit is expected to narrow slightly from the $63.3 billion that was posted in March, which was wider than the $57.9 billion shortfall in February.
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