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CNY712.72 billion in October: China’s Trade Surplus narrows more than expected
China’s October trade balance, reported in Chinese Yuan (CNY), stood at CNY712.72 billion. The surplus narrowed from CNY905.97 billion previously and fell short of the market forecast of CNY859 billion.
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1October Trade Surplus Narrows in China as Australian Dollar Stays Subdued2CNY712.72 billion in October: China’s Trade Surplus narrows more than expected3101.70 area: US Dollar Index (DXY) holds steady ahead of US CPI report amid uncertainty over Iran4China Exports (YoY) registered at 35.2% above expectations (33.5%) in October5China Imports (YoY) above expectations (32%) in October: Actual (41.6%)6China Trade Balance USD came in at $105.28B, below expectations ($125.8B) in October7China Trade Balance CNY registered at 712.78B, below expectations (859B) in October8China Exports (YoY) CNY down to 28.7% in October from previous 29.6%9New Zealand Dollar holds steady as Iran talks provide no boost to NZD/USD
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