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Global markets: Chinese imports, exports up on-year

By Commodity News Service Canada

WINNIPEG, May 8 – The following is a glance at the news moving markets globally.

– China’s exports advanced eight per cent on a dollar-based year-over-year basis, according to reports out of the country on Monday. Imports were close to 12 per cent higher.

Though both imports and exports posted gains, they were behind analyst-expectations.

– The euro and European stock markets declined on Monday, following highs touched on Sunday.

Those markets advanced following Emmanuel Macron’s win of the French presidential election.

The victory was largely expected, and risk-related cautiousness eased somewhat, analysts say.

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