The advance U.S. trade deficit, due on October 26, is the most important this year and possibly the least predictable. The anti-trade bias of the U.S. elections so far seems unlikely to change, and comes as economists expect a 2% increase on a year earlier in the goods deficit to $60.5 billion. Panjiva data shows seaborne imports increased 1% on a year earlier, while early reporting airports show a 3% increase in traffic. This lackluster year-on-year growth in volumes comes as import prices fell 1% on a year earlier – imports may well be unchanged in dollar terms.