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Chinese Exports, Imports Grow Faster Than Expected In July As Surplus Shrinks
Thursday, August 8, 2013 - 8:59am | 447The National Bureau of Statistics in China overnight announced that the country's trade balance shrunk in July as import growth far exceeded expectations. Commodities imports rallied sharply in July, sparking gains in industrial metals, specifically copper. The world's second largest economy...
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Benzinga Market Primer: Thursday, August 8: Futures Higher On China Trade Data
Thursday, August 8, 2013 - 6:39am | 1229Futures Higher On China Trade Data U.S. equity futures shrugged off fears of Federal Reserve tapering in early trade and moved slightly higher following a largely better than expected trade report from China for July. Also, the European Central Bank issued its monthly report, revising down growth...
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Benzinga Market Primer: Wednesday, July 10: FOMC Minutes In Focus
Wednesday, July 10, 2013 - 6:25am | 1069Futures Lower On Weak China Trade Data, Eyeing FOMC Minutes U.S. equity futures dropped slightly in early pre-market trade following some weak trade data from China for June. The world's second largest economy reported slower than expected growth in both exports and imports but a wider than...
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Chinese Avalanche of Data Hits Markets Over the Weekend
Monday, June 10, 2013 - 6:31am | 605Over the past weekend, an avalanche of economic data out of China was released and should affect markets Monday. Equities and commodities in particular should move on the news as markets digest the impact on global growth and demand from the data. Mixed Trade Data China first reported its trade...
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Benzinga Market Primer: Monday, June 10
Monday, June 10, 2013 - 6:21am | 1085Futures Higher After Japanese Gains U.S. equity futures rose in early pre-market trade after Japanese stocks bounced back from a bear market overnight. The benchmark Nikkei 225 Index rose almost 5 percent overnight following better than expected economic data which points to a recovery being...
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Benzinga Market Primer: Wednesday, May 8
Wednesday, May 8, 2013 - 6:27am | 1092Futures Flat On Strong Chinese Trade Data U.S. equity futures traded flat in early pre-market trade despite China reporting a rise in its trade balance in April. China reported that its trade balance swung back to a surplus in April of $18.16 billion vs. a deficit of $0.88 billion in March....