#ChineseEconomicData

[nithurdp]

Weekly Overview: Chinese data still not convincing as to a recovery

In this week's overview, Chinese economic data is still not providing convincing evidence of a robust recovery. Despite various stimulus measures and efforts to bolster economic activity, key indicators are showing mixed signals. Industrial production and exports have exhibited some growth, indicating a partial rebound in manufacturing and international trade. However, retail sales and consumer spending remain subdued, reflecting ongoing challenges in the domestic consumption sector. Additionally, concerns over a property market slowdown continue to weigh on investor sentiment. As China's economic growth is closely watched by global markets, the lack of strong signals for a full recovery raises questions about the country's economic trajectory and its potential impact on the global economy.

[elite-investment-advisory-blog]

Crude Oil hits 3-month high on OPEC cuts

Crude Oil prices increased to their peak levels on Monday, since November-2018 lifted by OPEC-led supply cuts and US sanctions on Iran and Venezuela. Further, worries on global output and supportive Chinese economic data also got impacted on rise in crude oil. Get Expert Nifty Future Tips Read the full article