Chinese Trade Data Putting AUD Under Pressure
Chinese trade data is out and it appears there are some weaker than anticipated import and export figures.
Rowan Crosby•Monday, January 14, 2019•1 min read
Chinese trade data is out and it appears there are some weaker than anticipated import and export figures.
The AUD/USD has fallen and is down -0.35% post-release.
- China trade balance USD bn, expected $51.6bn, prior was $44.7bn
- Exports -4.4% y/y, expected 2.0%, prior 5.4%
- Imports -7.6% y/y, expected 4.5%, prior was 3.0%
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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