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TD raise their GDP forecast, "China Economic Surprise Index surged to a multi-year high"
Earlier on revised China economic growth forecasts:JP Morgan upgraded its China 2023 full-year GDP growth forecast to 6.4% (from 6%)This in summary via TD on China after the strong data yesterday (ForexLive Asia-Pacific FX news wrap: Chinese economy rebounds strongly in Q1):Various sentiment data and high frequency measures have shown strong momentum while hard data in the form of today's release of Q1 GDP, March industrial production and retail sales have been firm. As a result, our China Econo...
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Posted: Apr 19 2023, 03:21
Author Name: forexlive
Views: 111278