Archive for January 13th, 2016

New Overnight Developments Abroad - Daily Update

At Last a Better-Than-Forecast Chinese Economic Data Release

January 13, 2016

Financial markets partly retraced recent trends after Chinese trade statistics for December revealed larger-than-anticipated $60.09 billion surplus and much smaller-than-assumed on-year declines in exports and imports.  The surplus in November had declined to $54.10 billion from $60-something results in the three prior months.  Exports fell just 1.4% following year-on-year losses of 6.8% in November and […] More

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