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•China’s trade figures show weak demand all around China’s trade balance soared in September as both exports fell and imports fell sharply. Imports in particular were down 20.4% yoy, worse than the forecast of -16.0% yoy. Exports were down 3.7% yoy. The figures demonstrate how demand is softening all over the world: both domestic demand in China as construction and investment slow, and demand for China’s exports elsewhere in the world. The figures are bad news for Australia and New Zealand, which count China as their major export market.
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IronFX Global is delighted to announce that it has been recognised as the Best Forex Educators 2015 by the prestigious UK FOREX AWARDS. The 2015 UK Forex Awards...
Head of Global FX Strategy, Marshall Gittler was interviewed live on Bloomberg Countdown on Monday 13th of July, 2015. Bloomberg Countdown tracks the breaking business...