Elliot Clarke, Research Analyst at Westpac, notes that China’s PMIs again showed that current momentum remains robust, but two negative trends bear close monitoring. Key Quotes “These are abating external demand and continued disappointing employment growth. The deterioration to date is largely as we anticipated and is thus consistent with our sub-consensus view for GDP growth (6.3% and 6.1% in 2018 and 2019). But a further loss of momentum is a risk, particularly given authorities remain focused on the long-term ‘quality’ of growth and are therefore unlikely to spur current momentum with active policy easing as they have in the past.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold: US tariffs kicks in but no evidence of Safe haven bids FX Street 3 years Elliot Clarke, Research Analyst at Westpac, notes that China's PMIs again showed that current momentum remains robust, but two negative trends bear close monitoring. Key Quotes "These are abating external demand and continued disappointing employment growth. The deterioration to date is largely as we anticipated and is thus consistent with our sub-consensus view for GDP growth (6.3% and 6.1% in 2018 and 2019). But a further loss of momentum is a risk, particularly given authorities remain focused on the long-term 'quality' of growth and are therefore unlikely to spur current momentum with active policy easing as they have in the… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
