Record Chinese Trade Surplus With US in 2017

China’s 2017 trade surplus with the U.S. was $275.81 billion, the country’s customs data showed Friday, according to Reuters.By that data, last year’s surplus is a record high, the wire service reported. For comparison, the previous record was a surplus of $260.8 billion in 2015.The world’s second-largest economy had a surplus of $25.55 billion in December, data showed, compared to $27.87 billion in November.

Source: China’s trade surplus with the US hit a record high in 2017

Euro at Three Year High on Possible Coalition Deal

EUR/USD – Euro Soars to 3-Year High as German Coalition Talks Show Progress

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Craig Erlam

Craig Erlam

Senior Currency Analyst at
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.