The China trade data was listed as 'tentative' for today. So, naturally I pencilled it in for 0200GMT.

Wrong ....

There has been no sign of it as yet. So now I don't know when to expect it .... later today, tomorrow? 2 minutes after posting this?;-)

Here is what's expected if/when we do see it:

USD terms:

  • China trade balance for July: expected is +$47.3bn, prior was +$48.11bn
  • Exports : expected is -3.5%, prior was -4.8% y/y
  • Imports : expected is -7.0%, prior was -8.4% y/y

And, in yuan terms (we normally get this before the USD terms balance)

  • China trade balance for July: expected is CNY 311.85bn, prior was 311.2bn
  • Exports : expected is +2.3%, prior was +1.3% y/y
  • Imports : expected is -1.1%, prior was -2.3% y/y