China’s GDP rises as stimulus begins to take effect, Aussie dollar rises as a consequence, WTI oil prints fresh 2019 high, as analysts believe global demand will now grow.
China posted a year on year, first quarter GDP growth figure, of 6.4% during the Asian session, marginally beating several forecasts of 6.3% growth, whilst maintaining the growth figure of 6.4% registered in Q4 2018. The result calmed investor fears that China had suffered a deep and long term economic impact, due to the tariffs […]