Better China Data welcomed by equity bulls

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Better China Data welcomed by equity bulls By Brenda Kelly Traders were met with an improving economic outlook from China this morning courtesy of stronger than expected trade data. Exports surged 18.7% (in renminbi terms) during March, after declines in both January and February. Imports also stabilised, dropping just 1.7% compared with an 8% fall the previous month. Coupled with a more upbeat outlook in respect of growth from the International Monetary Fund earlier this week and moderation

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