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 Imports (YoY) was -0.2% against a forecast of -5.9%.
Recent economic data has been strongly bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Imports (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports (YoY) | Bearish change | 12.4% | 8.1% | ||
Exports (YoY) CNY | Bearish change | 13.5% | 9.3% | ||
Imports (YoY) CNY | Bullish change | -3.5% | 0.8% | ||
Trade Balance CNY | Bearish change | 736.72B | 689.99B | ||
Trade Balance USD | Bearish change | $102.64B | $96.18B | ||
Caixin Services PMI | Bearish change | 51.9 | 50.7 | ||
Caixin Manufacturing PMI | Bearish change | 51.2 | 50.4 | ||
NBS Manufacturing PMI | Bearish change | 50.5 | 49 | ||
NBS Non-Manufacturing PMI | Bearish change | 50.8 | 50.4 |
Australia | Trade Balance (MoM) | ||
Australia | Exports (MoM) | ||
Australia | Imports (MoM) | ||
Canada | Current Account | ||
China | Exports (YoY) | ||
China | Trade Balance USD | ||
China | Trade Balance CNY | ||
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 |