We have a feed through from the chinese economy to the rest of the world through chinese investment, particularly Property Investment and infrastructure investment, and the news on that front is not quite so positive yet. We are still seeing relatively sluggish investment in those areas. A lot of the recent improvement has actually come from the consumer sector, which is a good thing for chinas economy, where we are seeing some rebalancing away from investment, but in terms of chinese demand for what the rest of the world produces, it is not quite as positive a development. Having said that, despite the continued weakness in the property sector, there were some green shoots in the data today. I think we could see a bit of relief for the Housing Market over the next few quarters and that definitely will be a positive for the rest of the world as well. Todays gdp news comes as president xi hosts an anniversary belt and road forum in beijing. The meeting celebrates ten years of president
Conflict is real, very real, and extremely dangerous. More on that, the story that is dominating the news agenda, but we will pose for the next few moments to catch up with some of the business headlines of the day. We are going to talk about what the us treasury is doing in response to the situation in the middle east. The us has imposed sanctions on what it described as ten key hamas operatives and facilitators. They said it was to prevent hamas being able to raise funds to carry out atrocities. We can cross live to new york and our Business Correspondent michelle fleury. What more do we know about this . At michelle fleury. What more do we know about this . Know about this . At the heart of this, this is know about this . At the heart of this, this is an know about this . At the heart of this, this is an effort know about this . At the heart of this, this is an effort by know about this . At the heart of this, this is an effort by the know about this . At the heart of this, this is
Bank will likely push the timing of Interest Rate cuts further down the line. Meanwhile, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on whether consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch is front and centre for financial markets. We are hoping to see maybe it will take down, two, three, 5 . If we see it heading in the right direction, then it could give the markets and momentum, as well as other assets, such as well as other assets, such as gold, and it could take some steam out of those us treasury yields, which remain elevated. But on the flip side, we know Inflation Data can be uncooperative and if it starts to edge higher, we have seen cases of that in the past, it could upset some of the confidence in
Prices rise too quickly, Americas Central Bank will likely push the timing of Interest Rate cuts further down the line. Were also watching this week, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on if consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch of us Inflation Data will be front and centerforfinancial and center for Financial Markets this and centerforFinancial Markets this week. The hope is it would take down to 3. 5 , if so, if we see the head in the right direction then that could give some Equity Markets a momentum, other assets such as gold could take some sting out of the us treasury yields which remain elevated. In the flip side, we note inflation can be uncooperative and if it edges higher, weve seen
It is, he said, depravity beyond what you could imagine. The United States says it will stand with israel in the fight against hamas. And is warning others not to get involved. But it is a fine balance, supporting the israeli blockade of gaza without escalating this conflict further. Well get the thoughts on that tonight from our Panel Thejournalist and broadcaster, Jenny Kleeman and the former Communications Director for the trump campaign, brian lanza. There will be no resolution on israeli in Congress Unless the republicans can find a speaker. We will keep you updated on the vote tonight, which is soon to begin. And we will focus too on the hostages. 17 british people missing, 14 americans. Well hear from the former commander of an Israeli Special ops team on how difficult this is going to be. The Israeli Prime Ministers Office published three photos today purporting to show Babies Murdered And Burned by hamas. The photos were posted with a Graphic Content Warning on the social medi