China Imports (YoY) registered at 7.4% above expectations (1.5%) in September
China Imports (YoY) registered at 7.4% above expectations (1.5%) in September
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China September Trade Balance (USD)+90.45bn (vs expected +98.96bn, prior +102.33bn)
China September Trade data
more to come
This article was written by Eamonn Sheridan at investinglive.com.
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China Trade Balance CNY dipped from previous 732.7B to 645.47B in September
China Trade Balance CNY dipped from previous 732.7B to 645.47B in September -
China Exports (YoY) CNY: 8.4% (September) vs 4.8%
China Exports (YoY) CNY: 8.4% (September) vs 4.8% -
EUR/CAD: Euro pullback and Loonie resilience could amplify downside risks
Canadian Dollar is holding its ground as one of the month’s best-performing currencies so far, supported by surprisingly strong domestic data despite a slump in oil prices. WTI crude’s drop through 60 last week would normally pressure the Loonie, but September’s upbeat employment figures more than offset that drag. The standout feature of the report […]
The post EUR/CAD: Euro pullback and Loonie resilience could amplify downside risks appeared first on Action Forex.
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China Customs spokesperson, on US imposing shipping fees: China countermeasures necessary
China Customs spokesperson, on U.S. imposing shipping fees:
- US measures is a typical show of unilateralism and protectionism
- China’s countermeasures are necessary, are defensive actions
- China’s measures aim to safeguard legitimate rights of Chinese industries and firms
- Hope the U.S. can face up to its own ‘mistakes’
- Hopes U.S. gets back to the correct track of communication and negotiations
This article was written by Eamonn Sheridan at investinglive.com.
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Japan politics: Komeito doesn’t rule out opposition party cooperation
Komeito doesn’t rule out opposition party cooperation: Kyodo
Kyodo reporting.
Komeito is the junior partner in the coalition with the LDP. Negotiations are ongoing between the two.
This article was written by Eamonn Sheridan at investinglive.com.
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US President Trump: I think we’re going to be fine with China
US President Donald Trump shared some conciliatory remarks in his post on Truth Social on Sunday, noting that China’s economy “will be fine” and that the US wants to “help China, not hurt it.” -
China Customs vice minister: Current external environment still complex and grim
China Customs vice minister:
- Great efforts are needed to stabilise foreign trade in Q4
- In Q1-Q3, China’s foreign trade has shown resilience with improving structure
- Current external environment still complex and grim with rising uncertainties
- According to a Customs survey, Chinese exporters confidence index has improved for five straight months
- Survey shows Chinese importers confidence index has improved for three straight months
This article was written by Eamonn Sheridan at investinglive.com.
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China auto industry body CPCA: Tesla Inc exported 19,287 China-made vehicles in September
China auto industry body CPCA:
- China sold 2.3 mln passenger cars in Sept, up 6.6% y/y
- from a 4.9% increase in August
- Tesla Inc exported 19,287 China-made vehicles in September
This article was written by Eamonn Sheridan at investinglive.com.
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