Q1 2025 economic growth data from China is expected to have slowed from Q4 2024. As the trade war bits it’ll probably slow even further. UBS have a dour outlook:
The headline March data is expected to be stable apart from a small tick up for retail sales. Yesterday we had March trade data.
I took the improvement in exports as indicative of ‘front loading’ ahead of higher tariffs. A hiccup in my narrative is that exports to the US were not overly strong.
This snapshot from the ForexLive economic data calendar, access it here.
The times in the left-most column are GMT.
The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.
