Chinese GDP Growth Rate YoY (Q1) Y/Y 5.0% vs. Exp. 4.8% (Prev. 4.5%, Low. 4.0%, High. 5.7%)
China's Q1 GDP growth came in at 5.0%, surpassing expectations of 4.8% and marking an improvement from the previous quarter's 4.5%.
Japanese Finance Minister Katayama says many central bankers are adopting a wait-and-see stance, as raising interest rates could have a negative impact on the economy, adds it is impossible to predict when the current situation ends and spillover effects
China NBS says the economy had a good start in Q1, but the external situation is becoming more complex, adds China is to expand domestic demand and optimise supply
Chinese GDP Growth Rate YoY (Q1) Y/Y 5.0% vs. Exp. 4.8% (Prev. 4.5%, Low. 4.0%, High. 5.7%)
Hezbollah fires long-range missiles at Tel Aviv, according to Defapress
[MARKET ANALYSIS] Oil prices are rangebound amid conflicting ceasefire related headlines
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.
This stronger-than-expected print could support a more favorable outlook for China's economic recovery and may influence investor sentiment regarding growth prospects in the region, potentially boosting risk assets and commodity demand.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 7 hours ago
- [MARKET ANALYSIS] JPY continues to advance, benefiting from domestic data; USD mildly firmer19 hours ago
- Chinese CPI (Aug YY) 0.8% vs. Exp. 0.8% (Prev. 0.5%)2 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 war28 min 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 escalates48 min ago
- Chinese CPI (Aug MM) 0.4% vs. Exp. 0.3% (Prev. -0.1%)2 hours ago
- Chinese PPI (Aug YY) 3.8% vs. Exp. 3.7% (Prev. 3.5%)2 hours ago
- Newsquawk European Market Wrap - 8th September 202613 hours ago
- South African GDP Growth Rate (Q2 QQ) -0.2% vs. Exp. -0.1% (Prev. 0.5%)18 hours ago
- South African GDP Growth Rate (Q2 YY) 0.9% vs. Exp. 1.2% (Prev. 1.9%)18 hours ago
- Newsquawk Daily European Equity Opening News - 8th September 202622 hours ago
- Newsquawk Daily European Opening News - 8th September 202622 hours ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 12 hours ago
- South Korean Unemployment Rate (Aug) 2.7% (Prev. 2.8%)4 hours ago
- Dutch CPI (Aug MM) 0.3% (Prev. 1.6%)23 hours ago
- Japanese Money Supply M2 YY (Aug) 2.0% (Prev. 2.1%)4 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: China is to allow its USD 568bln social security fund to access the Southbound Bond Connect program2 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)2 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)3 hours ago
- US cyber and law enforcement officials accuse Chinese AI companies of aggressive, industrial-scale distillation activities10 hours ago
The whole workspace, free to try.
Try it free