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Asian Market Update: Yen Spikes, Equities Slide On Soft China Trade Data

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    China trade surplus slows to 6-month lows in both USD and Yuan terms; USD-denominated exports fall -10.0% v -3.3%e, biggest decline in 7 months; Imports fall -1.9% v +0.6%e; Disappointing data sparks selloff in Hong Kong equities as Hang Seng index falls to a 2-month low below 23,200; USD/JPY erases[​IMG]

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