US Treasury yields traded higher yesterday triggering a bout of risk reduction and a move back into the USD. By the Asian session, FX markets settled down and the focus turned to China’s trade data. Export growth slowed to 22.9% y/y vs. 23.7% exp while import growth climbed up to 25.3% vs. 26.8% exp – illustrating that domestic demand remains healthy. However, both figures were slightly... ...More...


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