What's moving markets on April 22? Read the report to know!
Firm China economic surge demonstrates signs of fading in July
In July, China's firm economic surge demonstrated clear signs of fading because lending costs grew and the gravity-defying property market descended, although activity levels mostly remained sturdy, propped up by a year-long construction boom.
The previous month retail sales, industrial output, investment and trade all inched up less than expected after the world's second-largest economy demonstrated a shockingly sturdy surge in the first half, thus contributing to a global revival.
However, economists don’t actually expect any hard landing, with the authorities keen to ensure stability ahead of an upcoming Communist Party leadership reshuffle in the autumn.
In July, factory output leapt 6.4% from 2016, which is the slowest tempo since January.
Financial experts surveyed by Reuters had forecast output would ascend 7.2%, sliding from a better-than-expected 7.6% in June.
Read the daily report to get the full market wrap!
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
The greatest sale of Bitcoin keeps going.
Check our story about the stocks that have the potential to go either up or down big time! In this article, we'll tell you about Nvidia, Apple, Philip Morris, and Coinbase.
Once in a month, the euro has a very special day of increased volatility at the start of the European trading session.