China on focus during Asia trading session, what to expect

01:30 New Zealand – Business PMI

China’s trade balance remains unchanged. This will lead to tensions among traders, and worse data than expected + $27.90bn. it is very likely that we will see increased volatility and decreases in AUD and NZD. Worse data will also be traded in the context of trade wars. For worse data, I expect a sharp decline in AUD and NZD, and in better limited growth.

 Trader Petar Milanov

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