Trade balance, imports, exports numbers are due from China today (November 8)
Timing … well this release has been all over the place. Sometime around 0300GMT is a reasonable approximation, but if I get indications of a more likely team I'll post that up
Yuan terms
China trade balance for October: expected CNY 237bn, prior was CNY 213.23bn
- Exports y/y: expected 14.2%, prior was 17.0%
- Imports y/y: expected 17.7%, prior was 17.4%
USD terms
China trade balance: expected $35.15bn, prior was $31.7bn
- Exports: expected 11.7%, prior 14.5%
- Imports: expected 14.5%, prior was 14.3%
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Sep. data showed a huge surge in exports, despite all the penalties imposed from the US.