#ChinaJulyOutputRetailInvestmentAllMiss
#china #Macro
đšđł Chinaâs latest data is making the recovery story look less convincing.
$TUT ,$GPS ,$STAR
July numbers came in weaker across several key areas:
đ Industrial output: 4.5% YoY vs 4.8% expected
đïž Retail sales: 0.6% vs ~1.5% expected
đïž Fixed-asset investment: -6.7% through July
đ· Urban unemployment: 5.2%
Combined with Q2 GDP growth of 4.3%, the weakness looks broader than a one-off miss.
For traders, the bigger question is what Beijing does next. đšđł
đ° More stimulus?
đ More global liquidity?
âïž Pressure on commodities and China-sensitive assets?
Does this data increase the odds of stronger stimulus, or has the market already priced it in?
#Crypto #Trading #economy
#china #Macro
đšđł Chinaâs latest data is making the recovery story look less convincing.
$TUT ,$GPS ,$STAR
July numbers came in weaker across several key areas:
đ Industrial output: 4.5% YoY vs 4.8% expected
đïž Retail sales: 0.6% vs ~1.5% expected
đïž Fixed-asset investment: -6.7% through July
đ· Urban unemployment: 5.2%
Combined with Q2 GDP growth of 4.3%, the weakness looks broader than a one-off miss.
For traders, the bigger question is what Beijing does next. đšđł
đ° More stimulus?
đ More global liquidity?
âïž Pressure on commodities and China-sensitive assets?
Does this data increase the odds of stronger stimulus, or has the market already priced it in?
#Crypto #Trading #economy
