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China’s NBS: Foundation for domestic economic recovery is not yet consolidated

Following the release of the May activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their assessment of the economy.

There are still unstable., uncertain factors in global economic recovery and COVID-19 control.

Foundation for domestic economic recovery is not yet consolidated.

more to come ....

China’s May data dump: Retail Sales and Industrial Output miss estimates

China’s May Retail Sales YoY, the number arrived at +12.4% vs. +13.6% expected and +17.7% last, with Industrial Production YoY at +8.8% and +9.0% expe
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EUR/USD: Delayed ECB's tapering to interrupt dollar's depreciation in 2022 – Natixis

The dollar/euro exchange rate has two key determinants. The long-term dynamics is the one related to the US external deficit and accumulation of exter
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