China data dump next week – TDS

Analysts at TD Securities explained that the Chinese New Year holidays likely skewed the February data sharply in Trade Balance, Retail Sales, Foreign Reserves and CPI.

Key Quotes:

“We see downside risks to consensus on trade. Retail sales YTD should smooth out the New Year effects, but we wait until March for a cleaner read on activity. Foreign reserves data are likely to have shown a great drawdown in Feb vs Jan, but won’t be as hotly anticipated as last month. Upside risks to CPI.”

Analysts at TD Securities explained that the Chinese New Year holidays likely skewed the February data sharply in Trade Balance, Retail Sales, Foreign Reserves and CPI.

(Market News Provided by FXstreet)