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China’s October Trade Surplus falls by more than expected to CNY712.72 billion

China’s October trade balance, measured in Chinese Yuan (CNY), narrowed to CNY712.72 billion from CNY905.97 billion previously, falling short of the market forecast of CNY859 billion.

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1China’s October Trade Surplus falls by more than expected to CNY712.72 billion 2US Dollar Index (DXY) holds steady near 101.70 ahead of US CPI report as Iran uncertainty persists 3China Exports (YoY) registered at 35.2% above expectations (33.5%) in October 4China Imports (YoY) above expectations (32%) in October: Actual (41.6%)5China Trade Balance USD came in at $105.28B, below expectations ($125.8B) in October 6China Trade Balance CNY registered at 712.78B, below expectations (859B) in October 7China Exports (YoY) CNY down to 28.7% in October from previous 29.6%8New Zealand Dollar holds steady as Iran talks provide no boost to NZD/USD 9Silver Price Forecast: XAG/USD bulls appear cautious above $53.00 as 23.6% Fibo. remains pivotal

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