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Add as a preferred source on GoogleChina's retail sales growth dropped to 10.2% y/y in March, the lowest level in the past year. Given that employment remains stable and disposable income is rising faster than GDP, the March data could be an outlier cause…
China's retail sales growth dropped to 10.2% y/y in March, the lowest level in the past year. Given that employment remains stable and disposable income is rising faster than GDP, the March data could be an outlier caused by volatility associated with the Lunar New Year.
"With CPI inflation expected to edge up in April, we expect retail sales growth to have picked up slightly to 10.6% y/y", notes Standard Chartered in a note on Monday.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
