China’s Consumers, Factories Hold Up as Property Starts to Cool
China’s Consumers, Factories Hold Up as Property Starts to Cool
China’s retail sales and industrial output remained resilient in May, while signs emerged that measures to cool the property market are having some effect.
Bloomberg
Bloomberg
German Investor Confidence in Economy Unexpectedly Declines
German Investor Confidence in Economy Unexpectedly Declines
German investor confidence unexpectedly dropped in June in a sign that exaggerated optimism in Europe’s largest economy is beginning to moderate.
Bloomberg
Bloomberg
IMF Lifts China Growth Estimate to 6.7% in Second Rise This Year
IMF Lifts China Growth Estimate to 6.7% in Second Rise This Year
The International Monetary Fund raised its growth estimate for China for the second time this year while also cautioning that deep reforms are still needed to break away from debt-fueled expansion.
Bloomberg
Bloomberg
China Braced for Fed as IMF Raises Outlook, Data Shows Stability
China’s wobbly economy threw sand in the wheels of the Federal Reserve’s tightening plans back in late 2015. Today, the world’s number two economy poses no such constraint.
Bloomberg
Bloomberg
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Record Low Indian Inflation Adds Pressure for Patel to Cut Rates
If India’s central bank wasn’t feeling the pressure to cut interest rates after last week’s imbroglio with the government, it may be now.
Bloomberg
Bloomberg
Retail inflation falls to 2.18% in May, IIP growth slows to 3.1% in April
The lower retail inflation may put pressure on the Reserve Bank of India (RBI) to change its policy stance to accommodative from neutral at present
Livemint
Livemint