Chinese Industrial Production YoY (Mar) Y/Y 5.7% vs. Exp. 5.6% (Prev. 6.3%, Low. 4.5%, High. 7.0%)
The Chinese industrial production figure for March came in slightly above expectations, indicating a 5.7% year-over-year growth compared to the anticipated 5.6%.
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 Industrial Production YoY (Mar) Y/Y 5.7% vs. Exp. 5.6% (Prev. 6.3%, Low. 4.5%, High. 7.0%)
Hezbollah fires long-range missiles at Tel Aviv, according to Defapress
[MARKET ANALYSIS] Oil prices are rangebound amid conflicting ceasefire related headlines
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However, this is a decrease from February's 6.3%, suggesting a slowing trend that could raise concerns about economic momentum. Traders may want to consider how this impacts sentiment toward Chinese equities and commodities, as well as any policy implications if the trend continues.
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