Morgan Stanley cuts its China 2026 GDP growth forecast to 4.7% due to oil shock
Morgan Stanley's reduction of its China 2026 GDP growth forecast to 4.7% highlights significant concerns over the impact of an oil shock.
[CALENDAR ADDITION] US President Trump says he will be speaking with astronauts on Artemis II live at 22:00EDT/03:00BST
[MARKET UPDATE] Sentiment sours in Asia-Pac as oil prices extend on gains with WTI crude testing USD 115/bbl to the upside, while US index futures and spot gold are dragged lower
Morgan Stanley cuts its China 2026 GDP growth forecast to 4.7% due to oil shock
Saudi Arabia, UAE and Israel report Iranian drone and missile attacks, according to CBS
South Korea's envoy is to visit Kazakhstan, Oman and Saudi Arabia as South Korea seeks to secure oil supplies amid the Hormuz disruptions
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This adjustment suggests potential headwinds for economic growth, likely influencing both policy considerations and market sentiment toward commodities and broader economic activity in the region.
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