The Trade Balance for the US will be released on Tuesday at 8;30 AM.  Last month the statistic showed a 58.7 billion dollar deficit in December.  This was a smaller deficit than expectations as imported autos and demand for Chinese made consumer goods declined.   Imports fell 1.1 percent while exports increased by 1.5% aided by the lower dollar which made US goods more competitive abroad.

This month the expectations are for the deficit to widen slightly to 59.6 Billion. 

Once again the market will focus on the breakdown for clues not only of domestic demand for the more expensive imported goods but also for signs of stronger demand abroad for our exports.  The US economy is more and more reliant on growth from overseas as the domestic economy slows.