European stocks edge higher; Chinese growth target, Eurozone retail sales in focus By Investing.com

European equities kicked off the new week in a hesitant fashion after Chinese government officials set a 5% economic growth target for 2023 over the weekend, at the start of the annual session of the National People's Congress., a significant export market for European companies, grew just 3% last year, one of the slowest rates of growth in almost half a century as the economy was hamstrung by severe COVID-19 restrictions.

However, recent data showed that Chinese business activity rebounded sharply in February after the relaxing of the anti-COVID restrictions, and expectations were for a more substantial 2023 growth target.figure for the Eurozone. This is expected to show growth of 1.0% on the month, a recovery from the fall of 2.7% the prior month.

This still represents an annual fall of 1.8%, a minor improvement from the 2.8% year-on-year drop in December, as high prices impact discretionary spending by consumers.

Join to get FREE Signals Daily

😴

👀

This is a must watch video that changed my forex trading for the better

Only bitcoin :(( fud too much

👍🏻👍🏻

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Will microchip companies start providing child care?Slate Money talks child care in the CHIPS Act, ESG investing, and mortgages.
Sumber: Slate - 🏆 716. / 51 Baca lebih lajut »

Wall Street Concedes There Is Finally an Alternative to StocksWhy Wall Street is letting go of TINA—the notion that 'there is no alternative' to stocks Obvious. See: earnings last 12 months. Stock Market has never not been risky.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »