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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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Benzinga Market Primer: Tuesday, July 9: China Inflation Better Than Expected
Tuesday, July 9, 2013 - 6:54am | 1143Futures Gain On Stronger Chinese Data U.S. equity futures gained in early pre-market trade following some better than expected Chinese inflation data. The new data eased fears that the world's second largest economy is headed for a sharp contraction amid a financial liquidity crisis. Top News In...
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Benzinga Market Primer: Friday, June 7
Friday, June 7, 2013 - 6:43am | 1106Futures Slightly Lower Ahead of Non-Farm Payrolls U.S. equity futures traded slightly lower ahead of the Employment Situation Report early Friday as Japanese shares continued to approach bear market territory. The Nikkei Index briefly traded in bear market territory, meaning the index declined 20...
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Weekly Preview: Non-Farm Payrolls, Global PMIs In Focus
Friday, May 31, 2013 - 4:38pm | 2017In the upcoming week, all eyes will be on key economic data both domestically and around the world and markets will be especially sensitive to the effect of these data points on Fed policy. Concerns over Fed tapering its Quantitative Easing program sent markets whip-sawing in the previous week and...
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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....
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Chinese PMI Weakness in February Not An Immediate Cause for Concern
Monday, March 4, 2013 - 7:42am | 360Over the weekend, the Chinese government released the official non-manufacturing PMI which missed estimates sending risk assets across Asia lower. The weak services PMI followed the weaker than expected manufacturing PMI last week, spooking investors that the global economic recovery could be in...