• Analytics
  • News and Tools
  • Market News
  • China's Q2 GDP declines to 6.2% y/y - TDS
Market News
15.07.2019, 10:37

China's Q2 GDP declines to 6.2% y/y - TDS

TD Securities' analysts note that China’s Q2 GDP came in at 6.2% y/y, following a 6.4% increase in the previous quarter, matching TD’s and market expectations.

  • “Accompanying comments by NBS sounded downbeat, noting external uncertainties and downward pressures. However, higher frequency data for June released at the same time looked far better, with industrial production up 6.3% y/y (market 5.2% y/y), retail sales up 9.8% y/y (market 8.5%) and fixed assets investment up 5.8% YTD y/y (market 5.5%).
  • Although growth has slowed to its weakest in many years, this was well flagged in advance and the data is backward looking in any case. The other data released today, as well as new loans and aggregate financing released last week, suggest less urgency for fresh stimulus though we still expect more targeted easing.”

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location