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China’s GDP GDP 2024 years grows by 5 percent (SEBBank)

Kinijos BVP 2024 metais augo 5 procentais (SEB bankas)

Following another optimistic Wednesday trading session, evening the main indices of U.S. equities moderately declined (S&P500 -0.21 percent, NASDAQ -0.89 percent, DOW JONES -0,16 percent). Trading in Europe was positive – the EURO STOXX 50 stock index weight was up 1,48 percent.

This morning in Asian markets investors favourably reacted to China’s Q4 GDP figures, which adjusted annual 2024 GDP growth to China’s reported 5 % . Analysts expected 4.9 % of the Annual Result. Greater than expected economic growth results were driven by increased export volumes, the truth,Potentially higher US tariffs in the next year may put additional challenges to China’s exports. In order to balance the possible countervailing presidential presidential D. Trump’s incentives for Chinese commodities, the Chinese government and further promises to use economic precautions such as softening monetary policy and greater fiscal precautions.

Today there will be no significant data published on the macroeconomy. The final inflation indicators for the euro zone for December month can be mentionedonlytheeurozonewhichshouldshowreportedaccordingly0.4percent.monthlyand2,4percentannualincreasesin theconsumerpriceindex.

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