China Reports Surge in Imports in September

China reported strong trade data on Friday just days ahead of a major Communist Party Congress.In September, China’s exports were up 8.1 percent from a year ago in dollar terms, while imports were up 18.7 percent.Analysts polled by Reuters expected an 8.8 percent rise in Chinese exports in September from a year ago in dollar terms. Dollar-denominated imports were forecast to jump 13.5 percent in the same period.

Source: China reports September exports, import trade data – Reuters

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Craig Erlam

Senior Currency Analyst at OANDA

Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.

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