More Chinese data to direct on growth this week | Metals Mine

  • More Chinese data to direct on growth this week

    From xm.com

    With the G20 meeting looming large at the end of June and the trade war dust still far from settled, the Chinese calendar will attract extra attention than usual this week. On Wednesday at 0230 GMT, consumer and producer price indices will report on inflation, while on Friday at 0800 GMT, retail sales, industrial production and fixed investment will deliver further evidence on how the second quarter is shaping up. The data, though, may not be good enough to ease growth woes. Although inflation is not a big issue in China, consumer prices seem to be rising at a sensitive time, when authorities are searching for tools ... (full story)

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EventsTrader
Jun 11, 2019 8:35pm
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China accounts for about half of global demand in copper. Industry (mining, manufacturing, construction, power) accounts for roughly 40% of the China's GDP. Industrial output will continue to be monitored closely for signs of slowing growth. China's industrial activity is a major price driver. China's Industrial Production due out Thursday. It should be interesting.
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676f6c64
Jun 11, 2019 8:27pm
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Those Friday events could be interesting. Time to put my demo dollars to work.
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