China’s GDP accelerates and slows down at the same time
- Macro-economy
Thanks to a huge basis effect, China’s GDP growth soared to +18.3% yoy, but the economy actually slowed down in Q1. Monthly economic reports suggest domestic demand was recovering at the end of the quarter. Bond yield kept on falling yesterday, despite extremely robust US figures, which raises many unanswered questions. The EUR/USD exchange rate failed to break 1.20.
Share this news :
You might also read :
Prices up this morning as Gazprom did not book extra transportation capacity
European gas prices were mixed on Friday, waiting to see how Russian flows will evolve this week. As a reminder, on 27 October, President Putin…
SPR day ?
Details of a potential US SPR release are emerging, with the announcement expected today. First, it is likely that the announcement will concern multiple countries.…
EUAs climbed to fresh record on bullish equities and energy complex
The European power spot prices started falling yesterday amid forecasts of surging wind output, rising temperatures and stronger hydro production. Prices hence eroded 10.31€/MWh from…
Join EnergyScan
Get more analysis and data with our Premium subscription
Ask for a free trial here
Subscribe to our newsletter