Share this article:

18 October 2021
5 min read

China GDP Disappoints, NZ CPI at 10 Year High

Slightly negative start to the week.

APAC indices are weaker led by China & HK, although these are off the lows posted early in the session.

07:18 BST

US Futures down by ~0.3%

US yields higher, particularly on the short end.

USD in favour, a little higher in the majors.

Oil continues its relentless march higher with Brent futures gapping higher on the open and now firmly through $85.

China's GDP grew by 0.2% QoQ, 4.9% YoY

None of this is an enormous shock (except perhaps the improving unemployment rate):

β€œIn response to the ugly growth

Share this article:

Previous Post
Next Post