Thursday morning, the Department of Commerce released its report on U.S. international trade in goods and services in the month of September, showing that the U.S. trade deficit narrowed by a little more than economists had been expecting.
The report showed that the trade deficit narrowed to $56.5 billion in September from $59.1 billion in August. Economists had been expecting the trade deficit to narrow to $57.0 billion.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.