Standard Chartered analysts suggest that their China’s nowcasting model points to GDP growth of 6.2% y/y in the first two months of Q1-2019, easing from 6.4% in Q4-2018. Key Quotes “Our monthly growth tracker confirmed the weak momentum in January-February. Industrial production growth slid to an average of 5.4% y/y in January- February from 5.7% in Q4-2018, partly due to negative seasonal and destocking effects. While real-estate investment picked up, land area purchased dropped significantly, and both floor space started and sold data deteriorated at the start of the year. Trade data turned weaker on softer global demand and tariff effects.” “Meanwhile, domestic demand – as measured by retail sales and fixed asset investment growth in real terms – improved in January-February. Fiscal spending accelerated in the first two months of the year. Our SMEI suggests the outlook for SMEs remained strong at the beginning of the year. We expect growth to bottom out in Q1-2019 at 6.3%, followed by a mild cyclical recovery in H2.” 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 EUR/USD Technical Analysis: Euro parked below 1.1330 resistance FX Street 4 years Standard Chartered analysts suggest that their China's nowcasting model points to GDP growth of 6.2% y/y in the first two months of Q1-2019, easing from 6.4% in Q4-2018. Key Quotes "Our monthly growth tracker confirmed the weak momentum in January-February. Industrial production growth slid to an average of 5.4% y/y in January- February from 5.7% in Q4-2018, partly due to negative seasonal and destocking effects. While real-estate investment picked up, land area purchased dropped significantly, and both floor space started and sold data deteriorated at the start of the year. Trade data turned weaker on softer global demand and tariff… Regulated 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.
