Forex
globalreutersOctober 21, 20241 Mins read
UBS raised its 2024 forecast for China’s full-year real GDP growth to 4.8% (from 4.6%)
globalreutersOctober 21, 20241 Mins read UBS raised its 2024 and 2025 GDP growth forecasts for China, citing faster-than-expected GDP growth in 3Q, and recent government policy support announcements
Forecasts now:
- GDP growth for 4Q to rise to 6.5% q/q
- GDP growth for 4Q to rise to remain at 4.6% y/y
- Full-year 2024 real GDP growth raised to 4.8% (prior forecast 4.6%)
- 2025 real GDP growth forecast to 4.5% (prior 4.0%)
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
What technical levels are in play for some of the major currencies vs the USD for Nov 22
The European data was yucky (if I can use a favorite word...
Why You Should Constantly Question the Market
While having discipline is a very important trait for a trader, we...
Gold rallies to above $2,700 on Russia-Ukraine tensions
Gold (XAU/USD) rallies for the fifth day in a row, making it...
GBP/USD: GBP has stabilized just above 1.25 – Scotiabank
UK data reports today were roundly disappointing, weighing on the Pound Sterling...
Leave a comment