Hong Kong Balance of Trade (Mar) -89.1B (Prev. -64.2B)
Hong Kong's March balance of trade showed a larger deficit than the previous month, widening from -64.2B to -89.1B.
PBoC guided banks to increase lending in April, according to sources
CNOOC (600938 CN) Q1 2026 Net Income 39.13bln, +7% Y/Y
Hong Kong Balance of Trade (Mar) -89.1B (Prev. -64.2B)
Saudi Arabia reportedly may cut its official June crude selling prices to Asia as spot premiums eased and demand eased, Reuters reports
Netherlands sells EUR 1.31bln vs exp. EUR 1-1.5bln 3.75% 2042 DSL: average yield 3.456%
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This significant increase in trade deficit may raise concerns about economic resilience, impacting sentiment towards the Hong Kong dollar and potentially influencing broader FX dynamics, particularly in relation to USD and other major currencies.
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