Asian stocks muted, Chinese shares slide on weak GDP By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

⚠️BREAKING: *ASIAN STOCKS END MOSTLY LOWER ACROSS THE REGION, CHINA SHARES SLIDE ON WEAK GDP 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳

indexes were by far the worst performers in Asia, down over 1% each after data showed that economic growth slowed in the second quarter. rose 0.8% in the second quarter from the first. The reading was higher than expectations for growth of 0.5%, but substantially weaker than the 2.2% jump recorded in the first quarter.missed expectations, growing 6.5% against expectations of 7.3%.

Monday's data showed that an economic recovery in Asia’s largest economy was running out of steam, and that the government will likely need to roll out more stimulus measures in the coming months. But bets on more interest rate cuts in the country were also dented, as the People’s Bank of China kept its medium-term lending rates steady on Monday. The move indicates that the PBOC will also hold its benchmarkWeakness in China bodes poorly for other Asian economies, given their dependence on the country as a trading hub. South Korea’s

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 450. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian Stock Market: Downbeat China data, S&P500 Futures prod optimistsRisk appetite remains sour in the Asia-Pacific zone during early Monday as China data confirms a slowdown in the post-COVID recovery of the region’s b
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »