ongoingtrade war: The FTSE 100 fell 0.5 per cent, and US futures are set to open lower, according to The Independent. Chinese exports fell sharply by 4.4 per cent in December compared with same month one year earlier. China reported its biggest monthly fall in exports for two years, prompting a fall in Asian stocks and subsequently knocking European equities. The data was attributed partly to the country's ongoingtrade war with the US, but exports to the rest of the world also fell. The lower export number also means that lower jobs which means another direct impact on the economy, he said. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 Join Independent Minds For exclusive articles, events and an advertising-free read for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent With an Independent Minds subscription for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent Without the ads for just 5.99 6.99 9.99 a month Start your free trial Naeem Aslam at Think Markets said the numbers were devastating and got all the alarm bells ringing once again . Read more Why Trump's trade war with China is a danger to world prosperity Everything you need to know about US-China trade war How China's cats and dogs became embroiled in the US trade war Millions of jobs at risk from continued global trade war, WTO warns China protests over US warship as trade talks begin in Beijing If you ever need any evidence that how the trade spat can impact the country's economic health then this number is clearly a major factor here.
(news.financializer.com). As
reported in the news.
Tagged under ongoingtrade war, export number topics.