There is no firmly scheduled time for the trade data from China, sometime after 0200GMT is a good estimate.

Coming first though will be the PMI:

For the China trade balance:

  • expected CNY 39.5bn, prior was CNY 139.42bn
  • Exports y/y: expected -14.1%, prior was -3.5%
  • Imports y/y: expected -12.2%, prior was 2.4%

USD terms China trade balance:

  • expected $8.68bn, prior was $19.93bn
  • Exports: expected -11.0%, prior -6.6%
  • Imports: expected -10.0%, prior was -1.0%

April's trade report is very likely to show a sharp decline in exports due to global demand weakening considerably at the start of Q2 - much of the developed markets market entered official lockdowns.

Imports are also likely to have declined with subdued domestic demand in China.

There is no firmly scheduled time for the trade data from China, sometime after 0200GMT is a good estimate.