China Customs Vice Minister says China foreign trade situation had a good start
The comments from China’s Customs Vice Minister about a positive start to the foreign trade situation suggest a favorable trade outlook that could support the Chinese economy.
EU is considering flexibilities for methane regulation due to US pressure, while EU may ease forest protection law amid US pressure and the Trump administration is pressuring the EU to weaken Green Deal laws, according to Handelsblatt
UK Deputy PM Lammy meets with US VP Vance in Washington and urges Iran ceasefire to hold, while he stresses free shipping through the Strait of Hormuz
China Customs Vice Minister says China foreign trade situation had a good start
China March YTD yuan-denominated exports rose 11.9% Y/Y and imports rose 19.6% Y/Y, Trade Balance for Q1 at CNY 1.86tln
Canadian PM Carney receives a parliamentary majority following a win by liberals in a special election for a vacant seat, as expected
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This could bolster expectations for economic resilience, potentially impacting forex pairs with the USD and other currencies as traders reassess growth prospects. Keep an eye on how this sentiment might influence risk appetite and currency flows, particularly in the Asian session.
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