Trade/FOMC Preview/China Exports/Stimulus hangups
August 12, 2009 at 10:58 AM EDT
[Skip to the end] Karim writes: Trade: Exports up 2%, Imports up 2.3%. Imports ex-petroleum down 1% and consumer goods imports down 4.8%. Sector strength mainly in industrial goods (restocking), but indicators of final demand still look weak. Don’t look for dramatic changes to FOMC statement; major focus will be on Treasury purchase language. 1) [...]