China's trade surplus ballooned yet again in October with an increase to $45.41b reported

David Scutt

Scutt Partners

China's trade surplus ballooned yet again in October with an increase to $45.41b reported. The reading was higher than the $30.96b surplus of September and expectations for an increase to $42b with exports, up 11.6% on year, outpacing a 4.6% lift in imports. As ever with this data, particularly the export figure, we'll have to wait until the Hong Kong trade data is released later in the month to verify its accuracy. (VIEW LINK)

David Scutt
David Scutt
Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...


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