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China’s July Trade Balance: Surplus expands as exports and imports fall more than expected

In US Dollar terms, China’s trade surplus widened less than expected in June, as exports slumped.

Trade Balance came in at +80.6B versus +70.60B expected and +70.62B previous.

Exports (YoY): -14.5% vs. -12.5% exp. and -12.4% prior.

Imports (YoY): -12.4% vs. -5.0% exp. and -6.8% last.

more to come ...

AUD/USD snaps three-day winning streak as bears eye 0.6500 on mixed Australia/China data

AUD/USD drops towards 0.6500 as it prints the first daily loss in four around 0.6515 amid early Tuesday morning in Europe. In doing so, the Aussie pai
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USD/INR Price News: Indian Rupee remains depressed near 82.80 cautious mood, US inflation, RBI eyed

USD/INR seesaws around the intraday high of near 82.80 as it prints a two-day uptrend amid early Tuesday. In doing so, the Indian Rupee (INR) pair jus
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