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WRAPUP 4-China Q1 GDP growth tops expectations, but US tariff shock looms large
China's Q1 GDP grows 5.4% vs Q4's 5.4%, above the 5.1% forecastMarch data show solid retail sales and industrial output dataPolicymakers expected to ramp up stimulus as tariffs biteTariffs prompt analysts to slash 2025 GDP growth forecasts By Kevin Yao and Yukun Zhang BEIJING, April 16 (R...Reuters
Wed, Apr 16
FACTBOX-Global banks cut China growth forecasts as trade war deepens
SHANGHAI, April 16 (Reuters) - Global investment banks are lowering their projections for China's economic growth this year as U.S. President Donald Trump's aggressive tariffs are expected to take a heavy toll on the world's second-largest economy.Some of the banks had upgraded their for...Reuters
Wed, Apr 16
Pound Sterling faces selling pressure as UK inflation cools down
The Pound Sterling (GBP) faces selling pressure against its major peers on Wednesday, except the US Dollar (USD), after the release of the softer-than-expected United Kingdom (UK) Consumer Price Index (CPI) data for March.
Fxstreet
Wed, Apr 16
Japan set to kick off tariff talks in Washington
Trump sparked turmoil with tariffs on dozens of countriesJapan one of the first to start negotiationsTalks could also cover energy projects, exchange ratesBy Daniel Leussink and Nathan Layne WASHINGTON/TOKYO, April 16 (Reuters) - Japan is set to begin face-to-face tariff negotiations with the Uni...Reuters
Wed, Apr 16
China's Q1 GDP Grows 5.4% Year-on-Year, Beating Expectations! Industrial Production Accelerates
TradingKey - On April 16, 2025, China’s National Bureau of Statistics announced that the country’s first-quarter Gross Domestic Product (GDP) grew by 5.4% year-on-year, reaching 31.8758 trillion yuan, surpassing Reuters' forecast of 5.1%.
FACTBOX-Global banks cut China growth forecasts as trade war deepens
SHANGHAI, April 16 (Reuters) - Global investment banks are lowering their projections for China's economic growth this year as U.S. President Donald Trump's aggressive tariffs are expected to take a toll on the world's second-largest economy.Some of the banks had upgraded their forecasts...Reuters
Wed, Apr 16
