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
