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Expert's opinion from FXFinPro

Data from China has a negative impact on the mood of the stock markets

Today, in China has published important statistics on the trade balance of the country, which disappointed investors and strengthened the fall of the Australian dollar and was negatively displayed on the commodity markets. Thus, the country's trade surplus totaled 54.1 billion in November against 61.6 billion in October. It is worth noting that the volume of exports and imports decreased by 6.8% and 8.7%, respectively, compared to the same period last year. Condition of China's economy remains the main risk of growth on the stock markets of the world. In the near future we may see a negative trend on the Chinese market, despite the possible additional incentives in the form of lower reserve requirements for Chinese banks.

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Tuesday, 08 Dec, 2015 / 12:30

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