Market Updates: Trade Balance Beats Forecasts, Exports Surge by 9.1% - Forex News by FX Leaders

Market Updates: Trade Balance Beats Forecasts, Exports Surge by 9.1%

Posted Thursday, February 14, 2019 by
Arslan Butt • 1 min read

The Customs General Administration of China release Chinese Trade Balance figures for January. The dollar-denominated exports rose 9.1% from a year earlier, while imports dropped 1.5%, both beating analysts’ expectations. It’s a bit surprising for investors as the trade war ande 10% tariff on Chinese goods were expected to place a negative impact on Chinese exports.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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