Free Trial
JGB TECHS

(H3) Extends Bounce Off Lows

USDCAD TECHS

Pierces The 50-Day EMA

US TSYS

Risk Buoyed Ahead Fed Blackout

NEW ZEALAND

Chris Hipkins Named To Succeed Jacinda Ardern As PM

AUDUSD TECHS

Remains Above Support At The 20-Day EMA

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Early November Trade Figures Following Recent Trends

SOUTH KOREA

The first 10-days of trade data in November for South Korea showed a similar trend to recent months. Export growth remains negative in y/y terms at -2.8%, with average daily exports the same for the first 10-days of the month. Imports were softer at -6.7% y/y, but the trade deficit remained wide at -$2.05bn.

  • In terms of the detail, tech sensitive areas like chips continued to show downward momentum in terms of export growth (-26.9%), other areas like cars (+31.8%) were more resilient.
  • By country, China export growth fell to -25.4%, but the US (+21%) and EU (+6.8%) were in positive territory.
102 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The first 10-days of trade data in November for South Korea showed a similar trend to recent months. Export growth remains negative in y/y terms at -2.8%, with average daily exports the same for the first 10-days of the month. Imports were softer at -6.7% y/y, but the trade deficit remained wide at -$2.05bn.

  • In terms of the detail, tech sensitive areas like chips continued to show downward momentum in terms of export growth (-26.9%), other areas like cars (+31.8%) were more resilient.
  • By country, China export growth fell to -25.4%, but the US (+21%) and EU (+6.8%) were in positive territory.