China’s trade balance fell unexpectedly last month, official data showed on Thursday. In a report, National Bureau of Statistics of China said that Chinese Trade Balance fell to 41.99B, from 52.05B in the preceding month. Analysts had expected Chinese Trade Balance to rise to 53.00B last month.
Exports by China eased 5.6% year-on-year in September in yuan terms while imports rose 2.2% from a year earlier, the General Administration of Customs said in Beijing on Thursday in data that compares to a 5.9% year-on-year gain in exports and a 10.8% jump in imports in August.
Aussie is currently being traded around 0.7540 level. Pair is likely to find support around 0.75 handle and resistance above 0.7580 area.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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