-
China May retail sales beat expectations, but industrial output and fixed asset investment missed
China’s retail sales beat expectations in May, climbing 3.7% compared with a year ago, beating expectations of a 3% rise from a Reuters poll of economists. However, other economic metrics, such as industrial output and fixed asset investment, missed Reuters forecasts. Industrial output grew by 5.6% year-on-year, compared to the 6% increase expected, while fixed asset investment rose 4% compared to last May, just shy of the 4.2% forecast by the Reuters poll. The country’s National Bureau of Statistics elaborated that the total retail sales of consumer goods reached 3.92 trillion yuan ($540.32 billion), with sales ... (full story)
- Comments
- Subscribe
-
- Older Stories
From puprime.com|Jun 17, 2024|2 commentsThe Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari’s ...
From forex.com|Jun 17, 2024Large speculators increased short exposure to EUR/USD futures by 19% (22.9k contracts) and trimmed longs by 0.7% (-53 contracts). • Large speculators reached a record level of ...
From money.usnews.com|Jun 16, 2024Asking prices for British homes coming to the market were flat this month, adding to signs of a recent cooling off in the housing market upswing, a survey from property market ...
-
- Newer Stories
From fxnewsgroup.com|Jun 17, 2024Deutsche Bank AG, London Branch has filed a Complaint against Finepoint Capital LP, Warbler Run I, LLC, and Warbler Run II, LLC. The document, seen by FX News Group, was submitted ...
From seco.admin.ch|Jun 17, 2024The Federal Government Expert Group on Business Cycles continues to expect Switzerland's economic growth in 2024 to come in well below average (GDP adjusted for sporting events: ...
From @financialjuice|Jun 17, 2024|1 commentpost: BOJ'S GOVERNOR UEDA: SERVICE PRICES CONTINUE TO RISE MODERATELY, REFLECTING WAGE RISES. post: BOJ'S GOVERNOR UEDA: I WILL SCRUTINISE FX MOVES AND THE IMPACT ON IMPORT PRICES.
- Story Stats
- Posted: Jun 17, 2024 1:41am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,930
- Linked events:
