Reply To: Traders Market Weekly: Impact of Global Risk Off Deleveraging

07 Sep '23 at 7:47 am #65143
Truman
Participant

China’s August trade surplus $68.36 bln (expected surplus of $73.90 bln; last surplus of $80.60 bln).
August Imports -7.3% yr/yr (expected -9.0%; last -12.4%)
Exports -8.8% yr/yr (expected -9.2%; last -14.5%)

China’s largest banks have reportedly confirmed that rates for first-time mortgages will be lowered on September 25.