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
