New Overnight Developments Abroad - Daily Update
Chinese Trade Data, German Industrial Orders, More Greek Austerity, and an Austrian Political Crisis
May 9, 2016
China reported a wider $45.6 billion current account surplus in April, but that increase was overshadowed by a larger 10.9% on-year drop in imports and a return to on-year slippage in exports which fell by 1.8%. Chinese reserves increased $6.4 billion on month to $3.219 trillion. German factory orders recovered more strongly than expected in […] More