China's Commerce Ministry says foreign trade is seen "stable-to-better" despite the ongoing geopolitical situation

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China's Commerce Ministry says foreign trade is seen "stable-to-better" despite the ongoing geopolitical situation

H&M (HMB SS) Q1 2026 (SEK): Op. Profit 1.51bln (exp. 1.39bln), Revenue 49.6bln (exp. 50.5bln), EPS 0.45 (exp. 0.44), Net Income 704mln (exp. 706.6mln); March Sales +1% Y/Y

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Context

The statement from China's Commerce Ministry regarding foreign trade being "stable-to-better" suggests resilience in their economic outlook despite geopolitical tensions. This could imply a supportive environment for currencies linked to trade flows and may mitigate concerns over a slowing Chinese economy, potentially impacting the USD and EUR as investors reassess risk sentiment and trade dynamics.

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