US Goods Trade Balance Adv (Feb) -84.6B vs. Exp. -84B (Prev. -80.8B)
The US Goods Trade Balance for February came in at -84.6 billion, slightly worse than the expectation of -84 billion and up from the previous print of -80.8 billion.
Daily US Equity Opening News - Trump address doesn't calm markets; AMZN in talks to buy GSAT
Rivian (RIVN) delivered 10,365 vehicles during Q1 (exp. 9,678); reaffirming 2026 delivery range guidance of 62-67k vehicles
US Goods Trade Balance Adv (Feb) -84.6B vs. Exp. -84B (Prev. -80.8B)
Blue Owl (OWL): Credit Income Co. received withdrawal requests estimated at 21.9% of the funds shares in Q1; Technology Income Co. received withdrawal requests estimated at 40.7% of fund shares in Q1.
No new bond sales are scheduled for Thursday’s session, via Bloomberg poll of syndicate underwriters; A modest USD 15-20bln of sales is expected next week as many US-based companies head into their earnings blackout periods
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This wider deficit may suggest ongoing challenges in exports relative to imports, potentially impacting the overall trade deficit narrative and raising concerns about the strength of the economy, with implications for growth and monetary policy moving forward.
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