Traders in Asia will assess July trade balance data out of China, with economists expecting exports to grow 9.7% year-over-year and imports to grow 3.5% over…
Asia-Pacific markets were up on Wednesday following a rebound of major indexes on Wall Street that broke a three-day stretch of losses.
Traders in Asia will assess July trade balance data out of China, with economists expecting exports to grow 9.7% year-over-year and imports to grow 3.5% over the same period.post its best day since October 2008, soaring 10.2%. On Monday, the index suffered its worst session since 1987 amid recession fears, losing 12.4%.on Wednesday that it conducted a record single-day yen-buying intervention on April 29, selling 5.92 trillion yen worth of dollars to combat the falling yen. It further sold 3.
Later today, traders in Asia will assess July trade data out of China, with economists expecting exports to grow 9.7% year-over-year compared to June's 8.6% rise. Imports are expected to grow 3.5% over the same period, a reversal from June's 2.3% fall.Yen beneficiaries and more: Consider these buying opportunities amid volatility: the pros2024 Paris Olympics
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