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19 Dec 2016

China CASS: Chinese GDP to grow around 6.7% in 2016, reaching target

Bloomberg reporting a statement published by the China Academy of Social Sciences (CASS) on the Chinese growth forecasts.

Key Details:

Economy to grow at around 6.5% in 2017

CPI to rise 2.2% y/y in 2017

PPI to rise 1.6% in 2017

GDP to grow around 6.7% in 2016, reaching target

Proactive fiscal policy needed for China

Dec 19, 2016

Oil edged higher on dollar weakness, prospects of tighter market

The moderate weakness in the US dollar in Asia pushed oil benchmarks higher on both sides of the Atlantic.  At the time of writing, Brent oil was up
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Dec 19, 2016

USD: More legs to the yield-fuelled rally - Westpac

Richard Franulovich, Research Analyst at Westpac, suggests that the US yields may be up sharply since Trump’s win (+80bp) but historical analogues (ta
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