THIS NIGHT: China’s trade balance!
Dear Traders,
On Friday morning, China will publish a report on the country’s trade balance. It is expected that the surplus of China’s trade balance for the past month will slightly decrease to $ 27.2 billion after a surplus of $ 33.7 billion in February.
According to forecasts, the volume of China’s exports should increase by 11.9% compared with the same period last year. Last month, exports increased by 44.5%. It is also forecasted that in March the volume of China’s imports will increase by 12.4% after growth of 6.3% in February.
Prior to the release of data on the trade balance on Friday, China will publish reports for March on inflation of consumer prices and producer prices. It is expected that in March, consumer prices in China rose by 2.6%, and producer prices – by 3.4%.
Check your transactions in advance!
Have a nice evening!
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