Hello and welcome to our continued coverage of the global economy, financial markets, the euro zone and business.
China's growth rate has fallen to its lowest level since 2016 sign that the trade dispute with America could affect its economy.
China's GDP grew at an annual rate of 6.7% in the second quarter of 2018, partly due to slower-than-expected growth in industrial production.
slight deterioration in the first three months of this year, when the economy grew by 6.8% annually.
Although this figure is greater than Beijing's growth target of more than 6.5 ", it will raise concerns. by America this year hurt. It could also show that the campaign to curb shadow banking and risky loans is also holding back growth.
Government figures also show that industrial production increased only 6.9% in June from 6.7% in June. However, retail sales jumped 9% year-over-year, up 8.5%.
The Belgian Dentist (@ belgiandentists)
The data from China had something for everyone. Q2 GDP is expected at + 6.7% yoy, although quarterly growth is up (1.8% vs. 1.4%). Retail sales accelerated in June, but the intellectual property sector slowed (blue graph), while growth in investment spending also slowed to settle at 6 0% YoY. pic.twitter.com/BM9dPHHIHY
The National Bureau of Statistics of China warned that there were "increased uncertainties" in the global economy (no price for who they thought …). He also argued that the Chinese economy is still on a "stable and improving trend" despite the shadow of a trade war with America.
Q2 GDP +6.7 pc / a, +1.8 q / q adjusted (vs +6.7 and +1.6 Reuters poll)
June of industrial production +6.0 y / y (+6.5 pct survey) June retail sales +9.0 pc / y (+ 9.0% survey) Fixed capital investment in Jan-Jun + 6.0% in pc / (+ 6.0% survey)
Asian stock markets fell following data, the Shanghai Composite retreating about 0.8%.
Mike van Dulken (@ Accendo_Mike)
# FTSE100 called to open the apartment at 7663, the miners are probably hampered by China GDP 6.7% in year-over-year, online but slower since 2016, as Beijing tries to deleverage and could worsen with a US-initiated trade war pic.twitter.com/2AujpqupqC
The International Monetary Fund publishes its latest badessment of the world economy this afternoon. We also obtain new euro area trade statistics and US retail sales figures.
IMF (@ IMFFr)
We will publish the World Economic Update of July 2018 on Monday, July 16th at 10:00 am. Watch the #WEO live press conference at https://t.co/0XUacVSx69 pic.twitter.com/a0WX7KXT2l
Investors will watch Helsinki, like Donald Trump and Vladimir Putin hold a summit. The meeting comes a few days after 12 Russian intelligence officials were charged for attempting to hack the Democratic Party's emails and computer networks during the 2016 election campaign. [19659004] Trump has given alarm to European leaders stating that the EU is an "enemy" considering its trade with America.
Trump arrives in Helsinki for a meeting with Putin – video
Moreover, there is always Brexit. Overnight, Justine Greening, Conservative MP and former minister, called for a second referendum, which will create a new headache for Theresa May ahead of tighter votes in Parliament this week.
Brexit will also feature on the Farnborough agenda.
10h BST: Trade Balance of the Euro Area
13h30 BST: US Retail Sales
15h BST: The International Monetary Fund publishes its latest World Economic Outlook
