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 :
The start of disinflation gives markets wings
Macro & Oil Podcast #16 Olivier Gasnier tells us about the receding worries markets had of a recession and the expectations that fed rate hikes…
Sharp drop in European prices
European gas prices dropped significantly yesterday, pressured by lower residential demand due to higher temperatures and higher Norwegian supply. Indeed, Norwegian flows recovered yesterday, averaging…
EUAs rebounded on technicals and bullish oil and equities
The power spot prices slightly fade in northwestern Europe yesterday on the back of forecasts of higher wind output, nuclear availability and temperatures. Prices reached…
Join EnergyScan
Get more analysis and data with our Premium subscription
Ask for a free trial here
Subscribe to our newsletter