China stats bureau says external situation is complex and China's economic foundation still needs to be consolidated, adds to continue to optimise supply and domestic supply-demand imbalance remains prominent, will continue to expand domestic demand
The comments from China's stats bureau highlight a continued struggle with economic recovery, emphasizing the need for active fiscal policies and moderately loose monetary measures.
Thai GDP Growth Rate QoQ (Q1) Q/Q 0.7% vs. Exp. 0.1% (Prev. 1.9%)
[MARKET ANALYSIS] Oil resumed its rally after Trump warned the clock is ticking on Iran, while he is set for a Situation Room meeting on Tuesday to discuss possible options for military action
China stats bureau says external situation is complex and China's economic foundation still needs to be consolidated, adds to continue to optimise supply and domestic supply-demand imbalance remains prominent, will continue to expand domestic demand
Chinese Unemployment Rate (April) 5.2% (Prev. 5.4%)
Chinese Retail Sales YoY (Apr) Y/Y 0.2% vs Exp. 2.0% (Prev. 1.7%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Says:
- Should implement more active fiscal policies and moderately loose monetary policies.
- International situation remains grim and complicated as of April, and the world economic recovery is facing greater headwinds.
- April retail sales figure affected by a high base.
- Growth trend has not changed.
- Will and capacity of people to spend needs improving.
This suggests a commitment to stimulate domestic demand amid external pressures and a challenging global landscape, which may impact investor sentiment around Chinese equities and related assets.
Related headlines
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd23 hours ago
- Chinese CPI (Aug YY) 0.8% vs. Exp. 0.8% (Prev. 0.5%)19 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight5 hours ago
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners12 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL2 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT4 hours ago
- Newsqawk European Market Wrap - 9th September 20267 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 7 hours ago
- Mexican PPI (Aug YY) 2.99% (Prev. 2.56%)9 hours ago
- Mexican Core CPI (Aug YY) 3.88% vs. Exp. 3.93% (Prev. 3.95%)9 hours ago
- Mexican CPI (Aug YY) 3.26% vs. Exp. 3.30% (Prev. 3.12%)9 hours ago
- Mexican CPI (Aug MM) 0.20% vs. Exp. 0.25% (Prev. 0.03%)9 hours ago
- Mexican Core CPI (Aug MM) 0.16% vs. Exp. 0.20% (Prev. 0.23%)9 hours ago
- Norwegian PPI (Aug YY) 30.1% (Prev. 23.4%)15 hours ago
- Newsquawk Daily European Opening News - 9th September 202615 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war17 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates17 hours ago
- Chinese CPI (Aug MM) 0.4% vs. Exp. 0.3% (Prev. -0.1%)19 hours ago
- Chinese PPI (Aug YY) 3.8% vs. Exp. 3.7% (Prev. 3.5%)19 hours ago
- South Korean Unemployment Rate (Aug) 2.7% (Prev. 2.8%)22 hours ago
The whole workspace, free to try.
Try it free