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China defends growing trade surplus to the US

Says that exports have increased in the first 8 months due to US demand ForexLive And says that the increase in exports also may be caused by front-loading on trade dispute concerns. They mentioned that the country’s trade fundamentals have not changed because of the trade dispute. In other words, they’re pinning it down to factors…

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Switzerland August PPI 0.0% vs 0.0% m/m expected

Latest data released by the Swiss Federal Statistics Office – 13 September 2018 – +0.1% – PPI +3.4% vs +3.4% y/y expected – Prior +3.6% ForexLive In-line with expectations there as producer and import prices continue to hold up well in the Swiss economy. It’s a rough gauge of inflationary pressures and that should continue…