Chinese trade figures keep markets in check

The mood in financial markets was cautious Wednesday following weak Chinese trade figures and ahead of the publication of the minutes to the last policy meeting of the U.S. Federal Reserve, which may provide clues to when the central bank will start reining in its monetary stimulus. In a new sign of weakness in the world’s second-largest economy, China’s exports fell by 3.1 percent in June compared with a year earlier and imports contracted by 0.7 percent, customs data showed Wednesday. The figu...

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