empty
 
 
bd
Support
Instant account opening
Trading Platform
Deposit/Withdraw

17.04.201913:44 ফরেক্স বিশ্লেষণ এবং পর্যালোচনা: China's economy is surprising but it's too early to talk about recovery

Long-term review

Headline for the World Markets and currencies is about the Chinese economy which becomes more accurate as it was unexpectedly successful in the first quarter Growth in a specific period amounted to 6.4 percent, despite the fact that a slowdown was expected. Industrial production jumped sharply, and consumer demand shows signs of improvement. However, it is too early to call what is happening as a sustainable trend. Many still expect "full recovery" only in the second half of 2019. More positive data is needed to talk about a full recovery. In addition, stronger than expected data is related to some extent to the large-scale stimulus.

Stock markets and most currencies rose after data was published. Quarterly growth was supported by a sharp jump in industrial production, which grew by 8.5 percent year-on-year in March. There is every reason to believe that growth will remain stable here. Some experts explain the current growth in exports by seasonal factors but most likely it will continue in the second quarter. In spite of this, according to the poll by Reuters, analysts expect that China's growth this year will still slow to a nearly 30-year low of 6.2 percent, as weak demand at home and abroad. Also, the trade war continues to put pressure despite government support measures.

Exchange Rates 17.04.2019 analysis

বিশ্লেষকদের পরামর্শসমূহের উপকারিতা এখনি গ্রহণ করুন
ট্রেডিং অ্যাকাউন্টে অর্থ জমা করুন
ট্রেডিং অ্যাকাউন্ট খুলুন

ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।

এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.