The typical/expected impact on CNY pairs is medium.
The consensus forecast for Imports (YoY) is 6.3%. A higher value than forecast tends to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Imports (YoY) was 5.7% against a forecast of 0.9%.
Recent economic data has been strongly bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Imports (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (MoM) | Bullish change | 0.2% | 1% | ||
| Consumer Price Index (YoY) | Bullish change | 0.2% | 1.3% | ||
| Producer Price Index (YoY) | Bullish change | -1.4% | -0.9% | ||
| RatingDog Manufacturing PMI | Bullish change | 50.3 | 52.1 | ||
| RatingDog Services PMI | Bullish change | 52.3 | 56.7 | ||
| NBS Manufacturing PMI | Bearish change | 49.3 | 49 | ||
| NBS Non-Manufacturing PMI | Bullish change | 49.4 | 49.5 |
| Australia | Trade Balance (MoM) | ||
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | Current Account | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | Trade Balance CNY | ||
| China | Imports (YoY) CNY | ||
| China | Exports (YoY) CNY | ||
| Germany | Trade Balance s.a. | ||
| Japan | Merchandise Trade Balance Total | ||
| Japan | Exports (YoY) | ||
| Japan | Imports (YoY) | ||
| Japan | Current Account n.s.a. | ||
| New Zealand | Exports | ||
| New Zealand | Trade Balance NZD (YoY) | ||
| New Zealand | Imports |