China’s June trade data is the focus. Late in the month China and the US furthered their truce in the trade war:
officials from both countries confirmed that a deal had been signed to uphold the agreements made in the Geneva deal in early MayChina would begin to provide more rare earths to the US in exchange for the US taking down its countermeasures against Chinathe scope of agreements are limited
Expectations for June are that China’s exports inched higher, while imports are expected to have bounced back.
This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.