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 :
Inflation is expected around 7% in the euro area
The equity markets have been on the decline for the past two days. Confidence in a quick peace in Ukraine has frankly and logically declined. The…
European prices slightly down, Asia JKM prices up again
Prices weakened again yesterday in most European gas markets, both on the spot and the curve. Spot fundamentals were almost unchanged with significantly below-normal temperatures…
European prices weakened slightly
European gas prices weakened slightly yesterday, despite the further rise in Asia JKM prices (+8.10% on the spot, to €80.761/MWh, +1.27% for the November 2021…
Join EnergyScan
Get more analysis and data with our Premium subscription
Ask for a free trial here
Subscribe to our newsletter