Sunday, April 12, 2015

Have China's Disappointing Trade Numbers Derailed NZDUSD?

Fears about a slowdown in China's economy have been exasperated by very disappointing trade numbers for March. Exports fell 15.0% in the year to March, completely missing an expected 9.0% gain. Imports also missed the mark at -12.7% y/y (exp. -10.0%), adding to fears about the health of domestic demand.



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