Following an unexpected plunge in China's trade balance (to 6 month lows), US equity futures and USDJPY are tumbling as Yuan turmoil ripples through markets once again. Misses across the board in China trade data... China Yuan Exports -5.6% YoY (exp. +2.5%) China Yuan Imports +2.2% YoY (exp. +5.5%) China Trade Balance 278.35bn (exp. 364.5bn) China USD Exports -10.0% (exp. -3.3%) China USD Imports -1.9% (exp. +0.6%) China USD Trade balance 41.99bn (exp. 53.00bn) *CHINA TRADE STILL FACES GREAT UNCERTAINTIES: CUSTOMS' HUANG Sparked chaotic trading in Yuan as offshore selling pressure accelerated post Golden Week... And ... (full story)