Page 3 - Anna Breman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Feb 15 - For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt...

In the US, January retail sales and industrial production data is due for release. Consensus expects some moderation in retail sales growth, even though early credit card data suggests that consumption has remained brisk at the start of the year as well. The NAHB housing market index and initial claims data will also be released today.

In the US, January retail sales and industrial production data is due for release.

Feb 9 - For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt...

Chinese data out this morning disappointed badly. The GDP data looked okay with a 1.0% q/q increase (consensus of 1.1%). This compares with a growth rate of 1.5% q/q for Q3 (revised up from 1.3% q/q). With the Q4 release, Chinese GDP growth for the year 2023 stood at 5.2%, thus beating the government's 5% growth target and in line with consensus. However, data for consumption and housing was weak. Chinese retail sales for December stood at 7.4% y/y missing expectations of 8% y/y, and down from 10.1% y/y in November. Home sales dropped to a new low in December 50% below the pre-pandemic le...