Archives Tag: bank of china

International News

Investors Turn to Safe Havens After Shock China Trade Deficit

April 19, 2022

The market opened negatively this week on the back of shocking news from China where a trade deficit of -$23 billion was announced.  This was largely influenced by a huge drop in exports of -18.1% year-on-year – the biggest drop in Chinese exports since 2009 – and resulted in the yen strengthening against the US … Continue reading Investors Turn to Safe Havens After Shock China Trade Deficit

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