China’s GDP accelerates and slows down at the same time

ES-economy

China’s GDP accelerates and slows down at the same time

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.

china-gpd-growth
Share this news :

You might also read :

ES-oil
February 3, 2022

No OPEC surprises, stable oil prices

The price of Brent 1st nearby is stable above $89/b. As expected, OPEC confirmed that the OPEC+ production quota would be increased by 400kb/d in March and as…
ES-oil
September 3, 2021

Longer-term hurricane impacts emerge

The BSEE reported that as of yesterday that the total outages in the Gulf of Mexico remained at 1.7 mb/d, which was revised higher from…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]