Chinese Trade Data for FY25:

• Trade Balance: +USD 1,189.0bln
• Trade Balance: +CNY 8,509.7bln
• Dollar-Denominated Exports (Y/Y): +5.5% 
• Dollar-Denominated Imports (Y/Y): 0.0%  
• Yuan-Denominated Exports (Y/Y): +6.1%  
• Yuan-Denominated Imports (Y/Y): +0.5%

China's trade data shows a significant trade balance surplus, with dollar-denominated exports up 5.5% year-on-year, while imports remained flat, indicating robust external demand. This may exert upward pressure on the yuan and has broader implications for forex markets, potentially strengthening the CNY against the USD and impacting commodity demand, especially for metals like gold.