Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
China's economy goes up 6.8% in 2017
In 2017, China's economy is expected to ascend 6.8%, thus topping the state objective as well as accelerating for the first time in seven years, according to a Reuters survey. It’s because Beijing walks a tightrope by simply taming debt and also property risks without stunting economic surge.
Besides this, surge in the world's number two economy is expected to slow to 6.4% next year, as the Reuters survey of more than 65 market experts revealed. It’s because the property curbs along with efforts to deal with debt risks are believed to get more traction.
China's construction and property investment are seen slowing because more cities try to reduce surging housing prices, and a government campaign against riskier spurs borrowing costs, while a crackdown on pollution affects some factories.
Chinese economic surge in the fourth quarter of this year is supposed to cool to about 6.7% from 2016, although the full-year surge might hit 6.8%, according to the survey.
On April 22, 2022, from 10:15 to 11:00 MT time, the Markit will release German and French flash services and manufacturing PMI.
The ECB will publish the Monetary Policy statement on Thursday, April 14, at 14:45 MT (GMT+3).
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).