Post Profile






Stocks, USDJPY Plunge After Dismal China Trade Data

Following an unexpected plunge in China's trade balance (to 6 month lows), US equity futures and USDJPY are tumbling as Yuan turmoil ripples through markets once again. Misses across the board in China trade data... China Yuan Exports -5.6% YoY (exp. +2.5%) China Yuan Imports +2.2% YoY (exp. +5.5%) China Trade Balance 278.35bn (exp. 364.5bn) China USD Exports -10.0% (exp.
read more

share

Related Posts


Japanese Stocks Plunge, China Bond Yields Hit Record Low After PBOC Injects $25 Billion Liquidty

Business & Finance : Zero Hedge

Following last night's notable weakness in Chinese stocks (now down 15-25% year-to-date) and today's plunge in US markets, Offshore Yuan has begun to tumble lower once again ahead of today's Yuan fix. Having slapped short Yuan specu...

Markets In Turmoil As Brexit Fears Mount And Japan, China Data Tumbles

Business & Finance : Zero Hedge

FX, equity, and bond markets are in turmoil as Asian markets begin trading with Japan ugly, Sterling getting spanked, China devaluing FX (stocks down hard), and crude ($48 handle) and US equity futures (Dow -70) extending losses (as...

"China Is Fixed" Narrative Breaks: Yuan Tumbles To 4-Month Lows, European Stocks Plunge Most Since Feb

Business & Finance : Zero Hedge

For the first time since February 3rd, USDCNH traded over 6.60 as trade data suggests both capital outflows are building (see Hong Kong) and the "China is fixed" narrative is breaking. Whether the Yuan turmoil is responsible - as it...

US Equity Futures, Yuan Plunge After China Manufacturing PMI Collapses To March 2009 Lows

Business & Finance : Zero Hedge

US equity futures plunged (Dow -140) Following Xi's earlier speech reassuring Yellen that the "Chinese economy is stable," and the Yuan tumbled 0.25% against the USD ahead of the data. China's Flash Manufacturing PMI printed a di...

US Futures, Europe Stocks Jump On Oil, USDJPY Surge; Ignore Poor China Data, Iron Ore Plunge

Business & Finance : Zero Hedge

The overnight session has been one of alternative weakness and strength: it started in China where stocks tumbled 2.8% to a two month low following an unexpected warning in the official People's Daily mouthpiece that debt and NPLs a...

Comments


Copyright © 2016 Regator, LLC