China's July Trade Surplus $43.03 billion, lower than the $53.25 billion forecast. Exports fell much lower then expected at -8.3% y/y versus the -1.0% forecast. While Imports fell to -8.1% versus the -8.0% forecast.
China's July CPI rose 0.3% m/m came in as expected at 0.3%. And rose 1.6% y/y versus the 1.5% forecast. PPI fell -0.7% m/m and fell -5.4% y/y, more than the -5.0% estimate.
Chart: WorldWideMarkets Alpha Trader