Analysts at TD Securities are expecting China’s August imports to drop -5.3% y/y (mkt -6.5% y/y) and exports to rise 5.7% (mkt 2.0% y/y). Key Quotes “Overall trade conditions remain poor in the wake of tariffs intensification, though the latest increase in US tariffs will likely show up more in later months data. Weak Korean imports of Chinese goods and ongoing contraction in new export orders suggests that exports growth will remain unimpressive.” “Similarly, the drop in China’s PMI import orders component in August to its lowest level this year highlights ongoing downward pressure on imports, which in turn reflects slowing Chinese domestic growth momentum.” 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 GBP/USD: Bottom formed – Commerzbank FX Street 4 years Analysts at TD Securities are expecting China's August imports to drop -5.3% y/y (mkt -6.5% y/y) and exports to rise 5.7% (mkt 2.0% y/y). Key Quotes "Overall trade conditions remain poor in the wake of tariffs intensification, though the latest increase in US tariffs will likely show up more in later months data. Weak Korean imports of Chinese goods and ongoing contraction in new export orders suggests that exports growth will remain unimpressive." "Similarly, the drop in China's PMI import orders component in August to its lowest level this year highlights ongoing downward pressure on imports, which in turn reflects… 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.
