China's GDP figures came in better than expected, hitting 6.4% Year on Year for the first quarter, beating expectations of 6.3%.
Watching levels, and Chinese reserve data very closely this week.
Chinese Manufacturing PMI came in below expectations for April 2019, hitting 50.1 versus an expectation of 50.5. This still indicates growth for the world’s second-largest economy.
A stimulus lead bounce, but how long can it last?
A hugely significant data week with much optimism packed into the price; Positive data surprises must remain to keep this ship moving on an even keel
He's an interventionist.
The CPI will tell us much about the underlying level of demand in the economy - that's important for rates, stocks, and the Australian dollar.
Bond rate rises might make it difficult for both the ASX and the AUDUSD if they continue and are sustained.
The health of the Chinese economy, the Reserve Bank of Australia’s next move on interest rate and the US sanctions on Iran oil buyers loom as the potential market movers in May. Get the insights from the AxiTrader Research and Analysis team.
Forex markets have a lot to digest this week as traders focus on European economic data, Brexit election and US-China trade talks. How are you positioning for these high-impact events?