US Balance of Trade (Mar) -60.30B vs. Exp. -59.0B (Prev. -57.3B)
The US balance of trade for March came in worse than expected, indicating a larger deficit than the market anticipated.
Cognizant Technology Solutions (CTSH) may cut 12-15k jobs globally, with most of them expected in India
Hertz (HTZ) car sales continues retail expansion with digital showroom on Ebay (EBAY)
US Balance of Trade (Mar) -60.30B vs. Exp. -59.0B (Prev. -57.3B)
KKR (KKR) CFO says defaults are increasing a little bit
US General Caine says the threshold for restarting combat with Iran is a political decision
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This widening gap could suggest ongoing challenges in domestic demand or competitiveness, which might weigh on GDP estimates. Traders should consider potential implications for the USD, especially if this trend continues, as it could influence monetary policy discussions.
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