Focus Turns to China While the politics of Europe and the US have been the main market focus over the last two years, the focus is now turning east as the Chinese Communist Party Congress convenes its twice-a-decade meeting. The primary purpose of the congress is to elect new political leaders and discuss policy for the next five-year period. T...
The markets open next week with the focus on China as the 19th Communist Party congress takes place this week. The event, where President Xi is expected to speak comes in a week where inflation and quarterly GDP figures are expected to be released. It will also be a busy week for the British pound which will see the monthly inflation figures an...
China's economy advanced in the first three months of this year, marking a second consecutive quarterly GDP expansion led by a pickup in investment, a rebound in the retail sales and government spending. Data from the National Bureau of Statistics (NBS) showed on Monday this week that the world's second-largest economy advanced at an annualized...
Following a rather eventful week, the markets are likely to head into a new trading week with risk aversion staying on trader's minds. Economic data this week is mostly confined to second-tier data from the U.S. and from Europe. Inflation continues to remain the main theme with numbers expected from the eurozone, New Zealand and Canada. The w...
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