The activity data is centred on 3 indicators: industrial production, retail sales and fixed asset investment. A beat for retail sales (a consumption indicator rising is good news for China). Urban Unemployment (in 31 major cities) 5.0% vs prior 5.0% This article was written by Eamonn Sheridan at www.forexlive.com. لینک منبع : هوشمند نیوز
China will still be a key driver to stable growth of global economy I reckon labelling it an ‘upwards’ trend may be a bit of a stretch. If anything, China is just on the road to recovery after what has been a poor economic year by its own standards. The property sector crash and destruction
MON: OPEC OMR, Canadian Remembrance Day (Observed). TUE: IEA OMR; UK Average Earnings/Unemployment (Oct/Sep), EZ Employment (Q3), German ZEW (Nov), US NFIB (Oct), CPI (Oct), Japanese GDP (Q3). WED: Chinese Retail Sales/Industrial Output (Oct), UK CPI (Oct), EZ Trade Balance (Sep), US PPI Final Demand (Oct), Retail Sales (Oct), Japanese Trade Balance (Oct). THU: CBRT
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
© Reuters. Investing.com– Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese yen saw traders on edge over any government intervention. The dollar was steady in Asian trade, sticking to a recent rebound as Federal Reserve officials continued to offer hawkish signals on
© Reuters. Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo BEIJING (Reuters) – China will resolutely guard against overshooting risks of the yuan exchange rate, People’s Bank of China (PBOC) Governor Pan Gongsheng said,
Share: In its latest report published on Tuesday, the International Monetary Fund (IMF) upgraded its gross domestic product (GDP) growth forecasts for China to 5.4% in 2023 and 4.6% in 2024. This came in contrast with October’s outlook when the IMF revised down 2023 and 2024 China’s growth forecasts for China to 5.0%
© Reuters. Investing.com– Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China dented sentiment, while the Australian dollar tumbled after the Reserve Bank struck a seemingly dovish tone. The U.S. dollar rebounded from six-week lows, firming in Asian trade after Minneapolis Fed President
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Share: China’s newly appointed Finance Minister Lan Foan said over the weekend that the government “will accelerate the issuance and use of government bonds.” Additional quotes Will steadily promote the resolution of local government debt risk and increase efforts to better leverage the role of special bonds to boost the economy. Will continue
