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7 Feb 2020

China GDP to grow 5% in 2020 - S&P

Ratings agency Standard & Poor's (S&P) expects China's gross domestic product (GDP) growth rate to slow to 5% in 2020 due to coronavirus. The economy expanded by 6% in 2019. 

Most private economists have recently downgraded growth forecasts for China. Westpac fears the growth rate could go as low as 2% in the first quarter if the coronavirus profile was similar to the SARS experience. The investment bank expects the full-year growth rate to drop to 5.3%. 

Feb 7, 2020

China CBIRC Chair Zhou: Coronavirus will not have big impact on China's financial system

China Banking and Insurance Regulatory Commission Vice Chair Zhou said on Friday, coronavirus will not have big impact on China's financial system. Ad
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Feb 7, 2020

USD/JPY Price Analysis: Trims losses, potential head-and-shoulders on hourly chart

USD/JPY is currently trading at 109.92, representing marginal losses on the day, having hit a low of 109.81 a few hours ago. The minor recovery from s
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