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Key China trade data coming up - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Analysts at TD Securities noted that this week sees the release of Chinese November trade (Tuesday) and CPI (Wednesday).

    Key Quotes:

    "We and the consensus have pencilled in a similar recovery for exports (-5% Y/Y from a prior -6.9%). On imports, we are slightly more optimistic expecting -10% Y/Y (consensus -11.9%). We see downside risks to November’s CPI at 1.2% Y/Y (consensus: +1.4%). Food price inflation moderated slightly in November, hence the tick lower in overall CPI, as it accounts for 1/3 of the index."
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