OctaFX | OctaFX Forex Broker
Open trading account
Back

China Sept trade balance surges, exports show good momentum

FXStreet (Bali) - China trade balance came in at 376.20 bn yuan vs $292.41 bn yuan expected and 368 bln yuan last. Exports were -1.1% vs -7.4% exp and -6.10% last, while imports were -17.7% vs -16.5% expected and -14.3% last.

According to China Customs, in a headline via Bloomberg, exports narrowing fall shows good momentum, adding that foreign trade still faces difficulties, Reuters reports.

China Trade Balance above expectations ($46.79B) in September: Actual ($59.43B)

China Trade Balance above expectations ($46.79B) in September: Actual ($59.43B)
Read more Previous

AUD/USD rejects resistance 0.7350 post China trade

AUD/USD has seen sellers returning at the key resistance of 0.7350, with an initial China-led spike of over 20/25 pips to the mentioned level seeing a reversal towards 0.7310 at present.
Read more Next
Start livechat