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China's Trade Report Disappoints, RUB Surges

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 8, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The last trade report from China left little hope from trend reversal in trade figures. Exports slump another 4.4%y/y in dollar-denominated terms in July (versus -3.5% median forecast) after contracting 4.8% in the previous month. The main surprised came from the imports that fell 12.5%y/y, well below median forecast of[​IMG]

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