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June 9, 2026
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowing in April. The report said the trade deficit shrank from $56.6 billion in March to $55.9 billion in April.
The narrower trade deficit came as the value of exports surged by more than the value of imports during the month. The Commerce Department said the value of exports spiked by 2.6% to $327.1 billion in April after jumping by 2.2% to $318.8 billion in March. The value of crude oil exports increased notably amid higher prices, while exports of computers and consumer goods also grew notably.
Meanwhile, the report said the value of imports increased by 2.0% to $383.0 billion in April after surging by 2.3% to $375.4 billion in March. Higher imports of capital goods such as computers, semiconductors, and telecom equipment more than offset a decrease in imports of industrial supplies and materials.
The Commerce Department also said the goods deficit narrowed from $86.1 billion in March to $83.7 billion in April, while the services surplus decreased from $29.5 billion in March to $27.8 billion in April. 06/09/2026 - 10:19:00 (RTTNews)
Euro traded at 1.1553 against USD at 9:00 AM PST
Germany's industrial production expanded for the first time in five months in April, but the growth remained moderate as geopolitical tensions clouded the outlook. Industrial output increased 0.4% monthly, but in contrast to the 0.1% fall in March. Moreover, this was the first growth since November.
Excluding energy and construction, industrial output remained flat compared to March but declined 2.1% from a year ago. The production of intermediate goods rose 1.4%, and that of consumer goods by 1.9%. On the other hand, capital goods’ output dropped 1.5%.
Outside the industry, energy production rose 0.2%, and construction output moved up 2.4%. Yearly, industrial production dropped 0.5%, following a decline of 3.4% in the previous month. However, factory orders declined 3.8% in April as front-loading effects diminished. Orders fell for the first time since January. 06/09/2026 - 09:05:00 (RTTNews)
British Pound traded at 1.3384 against USD at 9:00 AM PST
UK retail sales logged strong growth in May as the late Spring heatwave pushed up clothing and footwear sales. Retail sales increased 3.7% yearly in May compared to the 1.0% growth in the same period last year. Food sales grew 3.9%, and non-food sales climbed 3.5% in May.
The heatwave drove a surge in outdoor and summer goods sales, and clothing and footwear returned to growth as shoppers snapped up summer essentials like sandals and sunglasses. The late Spring heatwave brought record temperatures in May and growth in retail sales. 06/09/2026 - 07:55:00 (RTTNews)
Taiwan's foreign trade surplus increased notably in May from a year ago. The trade surplus rose from $12.6 billion in May of last year to $17.9 billion in May of this year. The surplus also increased from $14.3 billion in April. Exports surged 51.7% annually in May, and imports were 54.9% higher.
Shipments of information and communication and audio-video products alone grew 75.2% from last year, and those of parts of electronic products advanced by 56.0%. Taiwan imported 70.2 more mineral products during May. 06/09/2026 - 06:52:00 (RTTNews)
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