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martedì 8 novembre 2016

China October trade balance: CNY +325.25bn (expected CNY366.61bn, prior CNY278.35bn)

The trade surplus in yuan terms, the USD terms data will come a little later. For the month of October.


China trade balance: +325.25 bn yuan. A miss on expectations.


  • expected is CNY366.61bn, prior was CNY278.35bn

Exports (CNY) y/y: -3.2% MISS


  • expected is -0.8%, prior was -5.6% 

Imports (CNY) y/y: +3.2% MISS

  • expected is +5.0%, prior was +2.2%

AUD/USD is hitting its session low, its been weak all day here (after the first hour of Sydney trade anyway)



Updates:








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The "USD terms" should be soon ... OK, here they come ...




China trade balance USD +49.06bn. Surplus smaller than expected but up from the prior month.


  • expected is $51.7bn, prior was $41.99bn

Exports (USD) y/y:  -7.3% MISS


  • expected is -6.0%, prior was -10.0%


Imports (USD terms) y/y : -1.4% MISS
  • expected is -1.0%, prior was -1.9%


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AUD extending its session lows (just a bit)



China October trade balance: CNY +325.25bn (expected CNY366.61bn, prior CNY278.35bn)
China October trade balance: CNY +325.25bn (expected CNY366.61bn, prior CNY278.35bn)
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