Online Forex broker
In September, China's imports and exports inched up at a faster tempo than in the previous month, thus hinting that the world's number two economy is still extending at a healthy clip notwithstanding numerous forecasts of an eventual slowdown.
Imports in greenback-denominated terms tacked on 18.7% in September from 2016, surpassing experts’ estimates for a 13.5% expansion and speeding up from 13.3% in August, as customs data disclosed on Friday.
The revenue appeared to be firmer than the most optimistic estimates in a Reuters analysts survey.
Exports edged up 8.1% versus estimates of 8.8%, although surpassing August's 5.5%.
The firm September readings are going to be welcome news for China ahead of a crucial political leadership reshuffle next week, suggesting that President Xi Jinping will further tighten his grip on power.
China's imports were mainly led by industrial resources because a year-long construction boom offers no signs of flagging, spurring demand for materials from copper to steel.
French surge should regain early in 2019 after wild anti-government riots as well as wilting business confidence cut short a previously anticipated year-end revival…
The Federal Reserve will make its monetary policy statement and announce the official rate on December 19, at 21:00 MT time.
Find out the main market movers for today and the reasons behind the risk-off sentiment!
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
