China Market Update: Trade Data Fuel Markets

China Market Update: Trade Data Fuel Markets

Asian equities had a strong, resilient day despite President Trump’s tariff threats as the US dollar weakened overnight. Hong Kong and Mainland China fell during morning trading, though grinded higher with a value bias in both markets, though Hong Kong internet stocks had a positive day.

Trade Data Fuel Markets - China Last Night

Key News Asian equities had a strong, resilient day despite President Trump’s tariff threats as the US dollar weakened overnight. Hong Kong and Mainland China fell during morning trading, though grinded higher with a value bias in both markets, though Hong Kong internet stocks had a positive day. Strong July trade data helped lift markets with Exports +7.2% versus expectations of 5.6% and June’s 5.8% while Imports +4.1% versus expectations of -1…