Technical overbought after the historic recovery of stock markets in April-May made itself felt - we are witnessing a natural correction and local strengthening of the dollar. Technical sales are also fueled by the actions of the Fed. The American regulator has reduced the infusion into the economy thereby releasing steam.
According to May results, Chinese industry almost won back the decline, but domestic demand has not yet managed to reach pre-crisis levels - a clear trend is seen in the improvement of the business environment:
• Industry: 4.4% yy
• Retail sales: -2.8%yy
• Investments (from the beginning of the year): -6.3% yy
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Trade with the Fibo Group!
#fibogroup #forex #forexnews #economy #finance #trader #China #dollar
According to May results, Chinese industry almost won back the decline, but domestic demand has not yet managed to reach pre-crisis levels - a clear trend is seen in the improvement of the business environment:
• Industry: 4.4% yy
• Retail sales: -2.8%yy
• Investments (from the beginning of the year): -6.3% yy
==========
Trade with the Fibo Group!
#fibogroup #forex #forexnews #economy #finance #trader #China #dollar
