China’s GDP accelerates and slows down at the same time
- Macro-economy
- April 16, 2021
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 :
Crude prices rally, supported by product markets
Brent prompt futures reached 59 $/b on early Thursday, despite a rally in the dollar as global inventories dwindled and OPEC+ member were renewing their commitments…
EUAs broke above all-time high on combination of bullish factors
Except in the Netherlands where it edged down, the power spot prices slightly increased in northwestern Europe yesterday with support from higher gas and carbon…
EUAs gave back early losses on retracing gas prices
The European power spot prices remained impressively flat from the previous day yesterday, with a continuous German wind shortage offset by a strong solar generation,…
Join EnergyScan
Get more analysis and data with our Premium subscription
Ask for a free trial here
Subscribe to our newsletter