China Posts Strong Trade Figures Again in December

China reported a 7.9 percent jump in exports and 15.9 percent rise in imports — both in dollar terms — for 2017.In yuan terms, exports for the year rose 10.8 percent and imports increased 18.7 percent, the country’s General Administration of Customs said Friday.China’s overall trade surplus for 2017 was $422.5 billion, a decline from 2016.China’s trade data capped a robust year despite numerous concerns over the health of its economy.

Source: China reports December exports, import trade data – CNBC

Euro at Three Year High on Possible Coalition Deal

EUR/USD – Euro Soars to 3-Year High as German Coalition Talks Show Progress

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

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.