March 07, 2025 at 03:02AM
‘
China trade data for the combined January – February months (these two months are combined to account for the disruption over the long and moveable Lunar New Year holidays):
Trade balance is a surplus of US$170.5bn
Exports +2.3% y/y
expected +5.0% prior +10.7%
Imports -8.4% y/y
expected +1.0%, prior +1.0%
The results are further weighing on AUD, which has been heavy today.
This article was written by Eamonn Sheridan at www.forexlive.com.
China Jan/Feb USD denominated exports 2.3% y/y (vs. 5.0% expected) – disappointing miss