Home China trade balance preview – TDS
FXStreet News

China trade balance preview – TDS

In the view of analysts at TD Securities (TDS), China’s June trade balance report is expected to show a healthy increase in imports.

Key Quotes:

“Our models utilizing trade data from key trading partners and commodity prices, point to another healthy increase in imports in June, likely up 23.3% y/y following a 26.0% y/ y rise in April. Export growth is likely to decelerate, with a less than consensus 8.7% y/ y increase expected. Consequently the trade balance is likely to come in around USD 22.5bn in May.”

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.