China: Trade balance shrinks, CPI rises strongly - TDS

Analysts at TD Securities note that China’s Aug export growth of 9.8%/y (mkt 10%/y) and import growth of 20%/y (mkt 17.7%) shrunk the trade balance to
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US Dollar Index eases from tops near 95.60

The greenback, in terms of the US Dollar Index (DXY), has faded the initial optimism and trades off earlier peaks in the vicinity of the 95.60 area.
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