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…
China’s Q1-22 GDP beat expectations but the global outlook remains bleak
Ukrainian President Zelensky declared that the widely awaited Russian offensive in the Donbass region started yesterday after most Russian troops and artillery moved from the west of…
European gas prices bounce back
European gas prices eroded most of Wednesday’s losses in another extremely volatile session on Thursday: more than 2 euros between the intraday high and the…
Join EnergyScan
Get more analysis and data with our Premium subscription
Ask for a free trial here
Subscribe to our newsletter
