Trading news

Expert's opinion from FXFinPro

Data from China have reduced the demand for defensive assets

Today was published the data on the trade balance of China, according to which the surplus totaled 29.9 billion dollars against forecasted 30.2 billion dollars. But on the other hand, a positive has become export growth of 11.5% that was the first increase after eight months of decline. The average export growth forecast was 8.5%. Imports decreased by 7.6%, after falling by 13.8% in February. This fact reduces the risks for the growth of the global economy that leads to a decrease in demand for defensive assets like the yen and gold. Our medium-term outlook for the yen remains negative and we are waiting for a decline in the near future.


More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Wednesday, 13 Apr, 2016 / 12:09

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Intraday Market Analysis – Breaking All-Time Highs

GER 30 resumes uptrend ger30 With the fear of reflation now taking a [...]

Posted on Monday, 19 Apr, 2021 / 1:20 under

UK ILO Unemployment: Is The Pound In Trouble?

Recently, the pound has been on the backfoot after surging forward during most [...]

Posted on Monday, 19 Apr, 2021 / 1:19 under

Crude Oil in the Consolidating Phase

On Monday, April 19th, Brent is trading without any particular direction not [...]

Posted on Monday, 19 Apr, 2021 / 12:08 under