US Balance of Trade (Oct) -29.40B vs. Exp. -58.9B (Prev. -48.10B, Rev. -52.8B)

The US Balance of Trade for October showed a deficit of $29.40 billion, significantly better than the expected $58.9 billion and a notable improvement from the previous and revised deficits.

Newsquawk StaffPublished 8 Jan 2026, 13:50 UTCOn the live feed at 13:30 UTC — 3 more headlines followed before this page went public

Newsquawk headlinesUTC

13:45

AskBio, a subsidiary of Bayer (BAYN GY), announces FDA acceptance of a IND application for AB-1009 gene therapy being developed for the treatment of late-onset Pompe disease

13:37

US Treasury Secretary Bessent urges more Fed rate cuts, according to CNBC citing a draft speech

13:30

US Balance of Trade (Oct) -29.40B vs. Exp. -58.9B (Prev. -48.10B, Rev. -52.8B)

13:18

US Energy Secretary Wright says balance can be had with China in Venezuela, according to a Fox Business Interview; will not allow China to have huge control over Venezuela

13:16

US PRE-MARKET MOVERS: NVDA, JEF, STZ, APLD, RTX, ABBV, RVMD, GOOGL, MQ, AA, NKE

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

This suggests a stronger trade position than anticipated, which could imply less pressure on growth and inflation, potentially influencing the economic outlook and policy considerations going forward.

Macro · last 90 days

Recent headlines that moved markets

MACRO/20 Aug · 01:30 UTC

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)

Market, after we published−0.3%

AUD/USD immediately moved lower by 22 pips to 0.7103 from 0.7125.

FX/9 Sept · 15:01 UTC

US Treasury Buyback: Treasury to buy back a maximum of USD 6bln in 10-20year Treasuries on Thursday (vs guidance for at least USD 4bln).

USD/JPY, after we published+0.4%

ENERGY/8 Sept · 19:50 UTC

Iran launched an attack against US Navy ships on Monday that the US military has yet to acknowledge, WSJ reports, citing US officials.

Brent crude, after we published+0.8%

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.