Foreign trade faces downward pressure in 2016 – China MOFCOM

FXStreet (Mumbai) - Headlines from the Ministry of Commerce People’s Republic of China (MOFCOM) crossed the wires via MNI:

Chinese companies prefer a stable yuan

Foreign trade faces downward pressure in 2016

Jan 20, 2016

Oil back in the red, WTI hits new 12-year low

Oil benchmarks on both sides of Atlantic failed to sustain the previous rebound and resumed the slump as renewed fears over global supply glut dampened investors’ sentiment once again.

NZD/USD: Recovery from post-CPI lows falters

The New Zealand dollar tries to recover lost footing versus its American counterpart in the mid-Asian trades, now lifting NZD/USD from fresh multi-month lows towards 0.64 handle.