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Trade data from China shows January - May crude oil imports are +6.2% y/y
The headline data is here:China May trade data, USD terms exports and imports both fell y/y.Yuan has lost ground:Offshore yuan trades lower after disappointing May trade data from ChinaOil imports have risen YTD, up 6.2% y/y.coal, iron ore, natural gas imports all higher also, copper lowerOil price with a wee pop: This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Jun 7 2023, 03:27
Author Name: forexlive
Views: 111513