If so, it'll be around 0200 GMT (that release time is flexible though)
The first data to hit will likely be the trade balance in yuan terms
China trade balance for September:
- expected is CNY 266.05bn, prior was CNY 286.5bn
Exports y/y:
- expected is +10.9%, prior was +6.9%
- Note - this time last year the September exports figure came in weak (down 5.6% against an expected up 2.5%), so as this rolls out of the y/y the number should get a boost today
Imports y/y:
- expected is +16.5%, prior was +14.4%
And, following, the numbers in USD terms
Trade balance:
- expected is $ 38.00bn, prior was $ 41.92bn
Exports:
- expected is +10.0%, prior was +5.6%
Imports:
- expected is +14.7%, prior was +13.5%
Next week from China is September inflation (CPI and PPI), Q3 GDP and ... drumroll please ... the National Congress (a twice a decade event - this is big for leadership and reform announcements)
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ps. In the Commonwealth Bank of Australia (CBA) morning note they say the time of release of the China trade data is 'unknown'.
They're right.
