Analysts at Australia and New Zealand Banking Group (ANZ) provide their insights on the efforts likely to be stepped up by the Chinese authorities to boost the economic growth in the coming months. Key Quotes: “We believe China will take a more proactive stance to support economic growth in the H2 2018. State Council may launch some growth-boosting measures, which should help turn around weakening growth in infrastructure spending. We see this ultimately supporting steel and iron ore market, with the latter likely to push back towards USD70/tonne. A recent State Council meeting called for an acceleration in fiscal spending, which may help to provide funding for infrastructure projects.” 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/JPY Technical Analysis: Head-and-shoulders breakdown confirmed FX Street 5 years Analysts at Australia and New Zealand Banking Group (ANZ) provide their insights on the efforts likely to be stepped up by the Chinese authorities to boost the economic growth in the coming months. Key Quotes: "We believe China will take a more proactive stance to support economic growth in the H2 2018. State Council may launch some growth-boosting measures, which should help turn around weakening growth in infrastructure spending. We see this ultimately supporting steel and iron ore market, with the latter likely to push back towards USD70/tonne. A recent State Council meeting called for an acceleration in fiscal spending,… 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.
