15 Feb 2016
China trade preview - BBH
Analysts at Brown Brothers Harriman explained that China reports January trade Monday.
Key Quotes:
"Exports are expected at -1.8% y/y and imports at -3.6% y/y. Other countries have already reported weaker trade data for January, and so China data will be viewed with suspicion. It then reports January CPI and PPI Thursday.
The former is expected to rise 1.9% y/y vs. 1.6% in December, while the latter is expected at -5.4% y/y vs. -5.9% in December. January new loan and money data are due out sometime this week, but no date has been set."
Key Quotes:
"Exports are expected at -1.8% y/y and imports at -3.6% y/y. Other countries have already reported weaker trade data for January, and so China data will be viewed with suspicion. It then reports January CPI and PPI Thursday.
The former is expected to rise 1.9% y/y vs. 1.6% in December, while the latter is expected at -5.4% y/y vs. -5.9% in December. January new loan and money data are due out sometime this week, but no date has been set."