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7 May 2020

China’s April Trade data (USD): Surplus beats estimates as exports unexpectedly rise

The China customs published Trade Balance for April in USD terms, reporting a bigger-than-expected increase in the trade surplus and a surprise jump in the exports data.

In USD terms,

Trade Balance (USD) came in at +45.34B versus +6.35B expected and +19.93B previous.

Exports (YoY): +3.5% vs.-15.7% exp. and -6.6% last.

Imports (YoY): -14.2% vs.-11.2% exp. and -1.0% last.

May 7, 2020

China Trade Balance USD above forecasts ($6.35B) in April: Actual ($45.34B)

China Trade Balance USD above forecasts ($6.35B) in April: Actual ($45.34B)
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May 7, 2020

AUD/JPY holds onto recovery gains beyond 68.00 after China trade figures

AUD/JPY takes the bids to 68.20 after China’s April month trade data pleased buyers during the early Thursday. In doing so, the pair snaps previous fi
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