Trading news

China's trade balance to 51.35B

China

China's trade balance climbed from 40.82B to 51.35B. The economists predicted the nation's TB to appreciate to 47.90B.

China's TB rose to 51.35B and Japan's TI fell to -0.4%

Japan

Japan's tertiary index dropped from 0.3% to -0.4%. The analysts estimated the indicator to decline -0.1%.

Italy

Italy's industrial production escalated from 0.8% to 1.4%. The economists and the analysts predicted the nation's IP to appreciate 0.1%.

U.S. dollar stable

Despite the latest uncertainty in place and Donald Trump's comments, the U.S. dollar stabilized versus its major counterparts near two-week highs.

The EUR/USD and the GBP/USD remained at 1.0661 and 1.2504 respectively. The USD/JPY traded to 113.70, rising 0.40%. The NZD/USD reached the 0.7193, rising 0.08%, and the AUD/USD at 0.7649, 0.33% higher.

Gold trades lower to $1,223.00

In the New York Mercantile Exchange on the Comex division, gold for delivery in April reached $1,223.00, weakening 1.12%.

Copper and silver weaker

Copper futures traded to $2.675 a pound, gaining 0.77%, and silver futures to $17.562 a troy ounce, losing 1.01%.

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ArgusFX Review

Friday, 10 Feb, 2017 / 10:41

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-s-trade-balance-to-51.35b

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