- China’s June Trade Balance: Surplus keeps expanding, as exports soar
Notícias do Mercado
13 julho 2022
China’s June Trade Balance: Surplus keeps expanding, as exports soar
China's Trade Balance for June, in Yuan terms, came in at CNY650.11 billion versus CNY455.04 expected and CNY502.89 billion last.
The exports jumped by 22% last month vs. 11.7% expected and 15.3% previous.
Imports rose by 4.8% vs. 2.8% prior.
In USD terms,
China reported a bigger-than-expected growth in the trade surplus, as exports beat expectations.
Trade Balance came in at +97.94 versus +75.7B expected and +78.76B previous.
Exports (YoY): 17.9% vs. +12% exp. and +16.9% prior.
Imports (YoY): 1% vs. +2.0% exp. And 4.1% last.
FX implications
AUD/USD remains uninspired by the upbeat Chinese trade figures, keeping its recovery mode intact at around 0.6770.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal