The typical/expected impact on CNY pairs is medium.
Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Trade Balance CNY was 723.98B against a forecast of 637B.
Recent economic data has been moderately bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Trade Balance CNY result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports (YoY) | Bullish change | 14.1% | 19.4% | ||
| Exports (YoY) CNY | Bullish change | 9.8% | 13.8% | ||
| Imports (YoY) | Bullish change | 25.3% | 27.4% | ||
| Imports (YoY) CNY | Bullish change | 20.6% | 21.5% | ||
| Trade Balance USD | Bullish change | $84.82B | $105.43B | ||
| RatingDog Services PMI | Bullish change | 52.6 | 54.4 | ||
| RatingDog Manufacturing PMI | Bearish change | 52.2 | 51.8 | ||
| NBS Manufacturing PMI | Bearish change | 50.3 | 50 | ||
| NBS Non-Manufacturing PMI | Bullish change | 49.4 | 50.1 |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | National Bureau of Statistics of China |
| Category: | Capital Flows |
| Frequency: | Monthly |
| Australia | Trade Balance (MoM) | ||
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | Current Account | ||
| China | Imports (YoY) | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | Imports (YoY) CNY | ||
| China | Exports (YoY) CNY | ||
| Germany | Trade Balance s.a. | ||
| Japan | Merchandise Trade Balance Total | ||
| Japan | Exports (YoY) | ||
| Japan | Imports (YoY) | ||
| Japan | Current Account n.s.a. | ||
| New Zealand | Exports | ||
| New Zealand | Trade Balance NZD (YoY) | ||
| New Zealand | Imports |