Archive for May 8th, 2016

Foreign Exchange Insights and Next Week

The Week Ahead

May 8, 2016

Chinese Data:  Chinese trade figures and international reserves were released yesterday.  Trade numbers were concerning despite a wider $45.6 billion surplus in April.  On-year export growth was negative 1.8%, a bigger drop than forecast and a stark contrast from March’s 11.5% advance.  The on-year contraction of imports swelled to 10.9% from 7.6% in March.  Reserves […] More