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US President Trump posts that data shows the US has the lowest trade deficit since 2009, and is going even lower, adds GDP is predicted to come in at over 5%, and success of the country is due to tariffs

The claim of the lowest trade deficit since 2009 alongside a predicted GDP growth above 5% is likely to be interpreted as bullish for the USD and risk assets.

Newsquawk StaffPublished On the live feed at — 1 more headline followed before this page went public
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[MARKET UPDATE] Asia-Pac stocks follow suit to the mixed performance stateside with some cautiousness ahead of the looming NFP report, while Japanese stocks outperform following strong Household Spending data

Japanese Foreign Exchange Reserves (Dec) 1369.8B (Prev. 1359.4B)

US President Trump posts that data shows the US has the lowest trade deficit since 2009, and is going even lower, adds GDP is predicted to come in at over 5%, and success of the country is due to tariffs

PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Fast Retailing (9983 JT) Q1 (JPY) net 147.5bln (prev. 131.9bln Y/Y), rev. 1.03tln (prev. 895bln Y/Y), sees FY net rising 4% Y/Y to 450bln (exp. 445.4bln) and FY rev. rising 12% Y/Y to 3.8tln

Japanese Household Spending MoM (Nov) M/M 6.2% vs. Exp. 2.7% (Prev. -3.5%)

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Full post: "BREAKING NEWS: Numbers released today show that the United States of America has the lowest Trade Deficit since 2009, and going even lower. In addition, our Nation’s Gross Domestic Product (GDP) is predicted to come in at over 5%, and that is after losing at least 1.5% to the Democrat “Shutdown.” These incredible numbers, and the unprecedented SUCCESS of our Country, are a direct result of TARIFFS, which have rescued our Economy and National Security. I hope the Supreme Court is aware of these Historic, Country saving achievements prior to the issuance of their most important (ever!) Decision. Thank you for your attention to this matter! PRESIDENT DONALD J. TRUMP"

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However, traders should assess the credibility of the data and consider whether these assertions align with other economic indicators and the current policy environment, especially in light of ongoing global economic challenges and possible volatility in markets.

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