US and Canadian trade balance numbers for March:

  • US trade deficit largest since 2008 as imports surged
  • US reported a $35.4B trade deficit in Feb
  • Exports $187.84B vs $186.19B prior
  • Imports $239.21B vs $222.09B prior

Canadian trade numbers:

  • Canadian March trade deficit 3.02B vs -0.8B expected
  • Canadian trade deficit hits record
  • Canada reported a -0.98B trade deficit in Feb
  • Exports up 0.4% from Feb
  • Imports up 2.2% from Feb

US dollar weaker across the board, except against CAD.