US June federal budget budget +27 billion vs -11.0 billion expected ...Middle East

Prior was -316.0BLast June was -69BOutlays $499 billionReceipts $526 billionCustoms duties $27 billion

This is a pleasant surprise but comes after a huge deficit month. It's always tough to draw trends from individual months because holidays and two-week pay periods shift around.

This article was written by Adam Button at www.forexlive.com.

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