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China Q4 GDP Data And Support for Commodity Currencies
On Friday, China will be the first major economy to report its China Q4 GDP data for the last quarter of 2024. There will likely be a lot of attention on the data, not just because it’s the world’s second-largest economy, but might foreshadow what could happen with other major economies, as well. interest is that China embarked on a massive stimulus program in the final quarter, and the GDP data could be an important indicator of whether that was successful. Markets have largely been disappointed by the announcements from Chinese officials about stimulating the economy, so this could be an opportunity to reassure ... (full story)
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- Posted: Jan 16, 2025 3:41pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,232
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