TD Securities research team suggests that according to their model, China is likely to post an outsized decline in imports (-23.0% y/y ) in January, largely due to base effects but also much weaker exports data from South Korea, Vietnam, Singapore and Taiwan. Key Quotes “Adding in the impact of the seasonal impact of Chinese New Year, with weaker activity towards the end of January, it points to a very soft imports print.” “Exports are likely to look slightly better (+2.4% y/y), albeit still remaining weak. Such a weak outcome will likely provoke further speculation of an easier Chinese policy stance and put pressure on China to agree on a trade deal at the meeting between President’s Xi and Trump at the end of February.” 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 Litecoin sentiment: the correction is not over yet FX Street 4 years TD Securities research team suggests that according to their model, China is likely to post an outsized decline in imports (-23.0% y/y ) in January, largely due to base effects but also much weaker exports data from South Korea, Vietnam, Singapore and Taiwan. Key Quotes "Adding in the impact of the seasonal impact of Chinese New Year, with weaker activity towards the end of January, it points to a very soft imports print." "Exports are likely to look slightly better (+2.4% y/y), albeit still remaining weak. Such a weak outcome will likely provoke further speculation of an easier Chinese policy… 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.
