TD Securities analysts note that the China’s April exports were weaker than expected (-2.7% y/y, market 3.0%, TD 6.9%) while imports were stronger (4.0% y/y, market -2.1%, TD -3.5%), giving a net result of a much smaller trade surplus than expected ($13.84bn, market $34.56bn, TD $46.0bn). Key Quotes “China’s overall trade surplus increased to $90.2bn over the first 4 months of the year compared to $70.9bn over the same period last year. In terms of the country breakdown China’s trade surplus with the US was $21.0bn, with exports to the US dropping by 13.1% and imports falling 25.7% y/y.” “The trade surplus with the US is showing little sign of eroding, with the 12m sum remaining elevated around $327.5bn.” 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 PayPal is in no hurry to dive into blockchain and cryptocurrency FX Street 3 years TD Securities analysts note that the China's April exports were weaker than expected (-2.7% y/y, market 3.0%, TD 6.9%) while imports were stronger (4.0% y/y, market -2.1%, TD -3.5%), giving a net result of a much smaller trade surplus than expected ($13.84bn, market $34.56bn, TD $46.0bn). Key Quotes "China's overall trade surplus increased to $90.2bn over the first 4 months of the year compared to $70.9bn over the same period last year. In terms of the country breakdown China's trade surplus with the US was $21.0bn, with exports to the US dropping by 13.1% and imports falling 25.7% y/y." "The… 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.
