Everything About Forex

Server Time-

Headlines

US Conference Board Consumer Confidence: Dollar risk premium subsides as market panic fades>>FOREX: Prospects for global economic recovery look bleak – Reuters poll>>CRYPTO: BTC/USD lacks strong resistance levels as bulls fight back>>

InvestAZ

Powered By GreenForexClub.

Wednesday, May 08, 2019

China’s April Trade


China’s trade surplus painted a sorry picture for April, coming at $13.84 billion, significantly below March’s figure of $32.65 billion. Economists were expecting a figure of $35 billion.

What’s encouraging, however, is that China’s trade surplus with the US went up to $21.01 billion during April. In March, it was at $20.5 billion. But if the US goes ahead with the latest round of tariff hike, this growth may not continue in the near future.
Dollar-denominated exports fell 2.7 percent in April, missing economists’ expectations for an increase by 2.3 percent during this period. Imports also rose by 4 percent in April, beating expectations for a 3.6 percent decline and March’s 7.6 percent decline.
    Posted By
GreenForexClub

No comments:

Post a Comment