Market Updates: China Reports a Trade Surplus, Neglecting Impact of Trade War

The trade surplus was expected to widen by 2B vs. 34B previously. Find our export and import figures here...


The release of March’s trade data out of China is strangely late today, and markets are being confined in isolation in the process.

The trade surplus was expected to widen by 2B vs. 34B previously. But the Chinese market shocked the investors by reporting a 221K billion trade balance. As a whole in Q1, Chinese dollar-denominated exports grew by 1.4% y/y while imports shrank by 4.8% y/y.

  • Exports +21.3% vs +14.8% y/y expected
  • Imports -1.8% vs -9.6% y/y expected

Stock markets are taking a bullish turn over the news as increasing trade balance reflects the business activity in the market.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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