Market News Briefing – Oct. 13th 2016 07:30 (GMT+1)


Serious disappointment in China:

The exports from the country fell in September by 10% (compared to September last year), versus economists forecast a decline of 3.2% only, and after a falling of 2.8% in August.
This is the sixth consecutive month of decline in exports of China.

The imports to China in September recorded a decline of 1.9%, versus a forecast of a rise of 1% and an increase of 1.5% in August.

The trade balance surplus in September was of 41.99 billion versus a forecast of 52.30 billion and a surplus of 52.05 billion dollars in August.