China will release FX reserves data and trade data for January-February on 7 March, while inflation data will be released on 10 March. Strategists at Standard Chartered Bank share their expectations. USD/CNY trades at 6.934. Key quotes “We expect FX reserves to have increased to USD 3.124tn at end-February from USD 3.116tn at end-January.” “We expect imports to have fallen at a slower pace (-13% y/y) in January-February than exports (-20%), as orders placed before the outbreak likely arrived in February.” “In addition, China increased its imports of food and medical supplies. As a result, the trade surplus likely narrowed to USD 11.3bn in January-February.” “CPI inflation likely eased 0.5ppt to 5.0% y/y in February. We expect non-food CPI inflation to have eased to 1.1% y/y in February from 1.6% prior.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US ten-year bond yields plunge below 0.80% amid coronavirus concerns, dollar pressured heavily FX Street 2 years China will release FX reserves data and trade data for January-February on 7 March, while inflation data will be released on 10 March. Strategists at Standard Chartered Bank share their expectations. USD/CNY trades at 6.934. Key quotes “We expect FX reserves to have increased to USD 3.124tn at end-February from USD 3.116tn at end-January.” “We expect imports to have fallen at a slower pace (-13% y/y) in January-February than exports (-20%), as orders placed before the outbreak likely arrived in February.” “In addition, China increased its imports of food and medical supplies. As a result, the trade surplus likely narrowed… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
