China's growth to slow down next year

Note: This section contains information in English only.
Source: Xinhuanet
© Scanpix/Reuters

According to Renmin University of China's report, the China's GDP in 2012 may slow down to 9.2%, a slight decline compared to 9.4% this year. Report also predicts the country's consumer price index will ease next year and reach 3.3% on yearly basis. University of China suggests the government will be forced to switch its monetary policy from tightening to growth supporting in order to respond adequately to economic changes.

Back to articles

Actual Topics

Mon, 21 Nov 2011 10:22:56 GMT

Aussie reached five-week record low

Australian dollar dropped to the lowest level against USD in last five weeks as US lawmakers today may declare failure to reach a deal regarding budget cuts boosting the concern that US might face one more credit downgrade. On Monday Australian dollar lost 0.3% $0.9974 in Sydney evening trading session which is the lowest level since October 12. 

Mon, 21 Nov 2011 10:22:30 GMT

US Investors keep monitoring European bond yields

US stocks closed lower on Friday as investors continued to watch development of bond yields across Europe. Borrowing rates of 10-year Italian notes surpassed 7% level while Spanish bonds fluctuated around that level.  Amid uncertainty S&P 500 lost 3.8%, Nasdaq gave up almost 4% whereas Dow Jones industrial average declined 2.9%.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.