Hong Kong Balance of Trade (Feb) -64.2B (Prev. -14.1B)

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

BofA institute Total Card Spending (w/e Mar 21) +4.4% W/W (vs +3.2% Feb average)

CNOOC (0883 HK) FY 2025 (CNY): Net income 122.1bln (exp. 130.7bln), Revenue 398.2bln (exp. 408.6bln)

Hong Kong Balance of Trade (Feb) -64.2B (Prev. -14.1B)

Japanese aluminium premiums for April-June shipment set at USD 350-353/t (+79-81% from current quarter), sources suggest

H&M (HMB SS) forecasts Q2 external factors on gross margins to remain somewhat positive Y/Y, but an extended Middle East situation could cause additional cost pressure

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Context

The significant widening of Hong Kong's trade deficit in February, from -14.1 billion to -64.2 billion, indicates weakening export demand, likely influenced by global economic conditions. This could suggest downward pressure on the HKD and potential implications for regional FX dynamics, as markets assess the trade outlook against inflationary pressures and growth forecasts.

Related headlines

The feed had this first.

Use the Platform