The Traderszone Network

Just making note of this from a Reuters report
– Honda ( in a joint venture with Dongfeng) will invest roughly 3 billion yuan ($436 million) in a new factory in China
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It appears that devaluing your currency against by over 10% in a year against your major trading partners does have some affect (albeit delayed). China Exports (in Yuan terms) grew at 5.9% in November (the fastest growth since March) (well ahead of the expected 1% decline). Imports, however, also soared (by 13%) in Yuan terms. However, in USD terms, Imports rose by the most since Sept 2014 (and exports managed a small rise) as China’s trade surplus slipped and missed expectations. Offshore Yuan is strengthening modestly on the print.

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Why you should consider a new graphic tee this winter

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I was expecting this around 0200GMT … but, nope …. kept me waiting.
China trade balance for November: $ 46.3bn surplus
– expected $46.90bn, prior $49.06bn
& Exports +0.1% y/y … tiny rise but a beat

The President-elect’s children will be taking over running his business but he is resisting calls to divest, the NYT reports.

Asian equity markets were firmly higher on Thursday, propelled by another record close on Wall Street and expectations that the European Central Bank will extend its monetary stimulus measures.
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