DON'T TRADE THE DIRECTION, TRADE THE MOVE
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China Trade Balance for September: 278.4bn CNY (expected 364.5bn)
This is the release of the 'yuan terms' trade balance Trade Balance CNY 278.4bn •expected 364.5bn, prior 346bn Exports -5.6% y/y. That's a very, very big miss •expected +2.5% y/y , prior +5.9% y/y Imports +2.2% y/y •expected +5.5%, prior +10.8% We'll get the USD terms soon, they normally follow in around 30 minutes or so ... tthat's an elastic time frame though - Comments from China Customs: China continues to face relatively large difficulties China will implement policies to stabilise foreign trade growth Leading indicators show that pressure on exports is likely to ease in Q4 -- While you're here .... BoA / ... (full story)
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- Comment #1
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- Oct 12, 2016 10:31pm Oct 12, 2016 10:31pm
- Pipomagic
- Joined May 2013 | Status: Coder, Trader & Optimist | 48 Comments
- Comment #2
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- Oct 12, 2016 10:34pm Oct 12, 2016 10:34pm
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.
- Comment #3
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- Oct 12, 2016 11:17pm Oct 12, 2016 11:17pm
- objective
- | Joined Apr 2014 | Status: Member | 83 Comments
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- Oct 12, 2016 11:42pm Oct 12, 2016 11:42pm
- mrhigurashi
- | Joined Mar 2015 | Status: On Probation | 226 Comments
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- Oct 13, 2016 1:00am Oct 13, 2016 1:00am
- NathanAhern
- | Joined Dec 2013 | Status: Member | 108 Comments
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- Oct 13, 2016 2:16am Oct 13, 2016 2:16am
- Ghassforex
- | Joined Sep 2016 | Status: Member | 1119 Comments
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- Oct 14, 2016 12:04am Oct 14, 2016 12:04am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Dec 29, 2016 8:07am Dec 29, 2016 8:07am
- rafat habeb
- Joined Nov 2008 | Status: Swinging 2022 and scalping | 412 Comments
Let me fill my acount wallet then will take Ur advice