retail sales and industrial production
Chinese Data Fail to Dispel Concerns about World’s Second Largest Economy
July 17, 2023
Although mixed relative to analyst expectations, a large batch of Chinese economic data released today signals a need for additional fiscal and monetary policy support if the Xi government’s 5% growth target is to be met. Real GDP expanded at a 0.8% quarterly pace last quarter, which was just of a third as strong as […] More
Bunch of Chinese Data Releases to Start the Week
July 15, 2019
Financial market activity was muted as July’s third week got under way. Japan was closed for Marine Day. The dollar is unchanged from Friday closing levels against the yen and euro. The greenback has slipped 0.4% versus the kiwi, 0.2% relative to the Australian dollar and by 0.1% vis-a-vis the yuan, Swiss franc, peso, and […] More
Dollar Down Marginally Even as 10-Year Treasury Yield Rises to 10-Month High
January 18, 2018
Released Chinese data were close to expectations. Real GDP grew 1.6% on quarter in 4Q, least in three quarters, but an on-year advance of 6.8% matched the 3Q result. Real economic growth in 2017 of 6.9% exceeded 2016’s 6.7% pace, marking the first calendar year acceleration since 10.6% in 2010 after 9.4% in 2009. Property […] More
