China Trade Balance USD rose from previous $60.9B to $62.15B in January

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Feb 15, 2016

China trade: Horrible details in Jan, exports/imports collapse

Following a strong trade surplus in December, boosted by strong exports, China's trade balance for January 2016 came in at CNY 406.2bn vs +389.01bn expected, with exportsfalling by 6.6% vs +3.6% expected and +2.3% last, while imports were -14.4% vs +1.8% expected and -4.0% last.

Nikkei 225 up by 5%, bargain hunters in action

The Nikkei 225 jumped by 5% in the Tokyo morning session, tracking solid gains in equity markets last Friday, with Oil prices rebounding strongly by over 10% on its largest 1 day gain in over 7 years, with bank shares also improving in value substantially.