Chinese Retail Sales YoY (Mar) Y/Y 1.7% vs. Exp. 2.3% (Prev. 2.8%, Low. 0.8%, High. 3.3%)
Chinese retail sales growth came in at 1.7% year-on-year for March, missing expectations of 2.3%.
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 Retail Sales YoY (Mar) Y/Y 1.7% vs. Exp. 2.3% (Prev. 2.8%, Low. 0.8%, High. 3.3%)
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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This miss, coupled with a downward revision from the previous month's 2.8%, signals continued weakness in consumer spending and may prompt concerns regarding the economic recovery pace, influencing future policy decisions.
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