1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution
Triumph Financial Advisors Logo

15th July 2014 Chinese Economic and Market Update

Discover Triumph Financial Advisors, Inc. the independent financial advisory firm featuring cutting-edge technology, attentive individualized service, business transition assistance and the freedom to choose what's best for you.

 
PRLog - Jul. 15, 2014 - Discover Triumph Financial Advisors, Inc. the independent financial advisory firm featuring cutting-edge technology, attentive individualized service, business transition assistance and the freedom to choose what's best for you.

15th July 2014 Chinese Economic and Market Update

Markets in China have been performing well of late and this week will see some further guidance as key economic data is released.

Today we were updated on FDI and New Loans data of which both came in above expectations. Foreign Direct Investment which stalled last month was up 2.2% in June. New loans, which were forecast to be ¥915bn actually broke ¥1tn ($173.9bn) in June which was a sign that the policies the government placed to make it easier and faster for banks to lend money had started to take effect.

Tomorrow we will receive the revised GDP Growth Rate and Retail Sales data. GDP out of China has been affected by poor export orders and this along with Retails Sales data will be a pivotal day in understanding whether the domestic market and its demand is making an impact against the drop in exports seen this past few months. For the month, GDP is expected to have increased just over 2%, in keeping with the years target of 7.4% growth.

To round off the week, House Price Index data will be released and this again will be an key indicator as to whether the housing market is facing a correction. Prices in mainland China have skyrocketed and have long been seen as artificially high and many see this as a major hurdle for the economy to expand.

Major Indexes as of 10th July:

Index          % Change          Close/Current

DOW Jones         (+0.66%)          17,055.42

NASDAQ          (+0.56%)          4,440.42

FTSE 100          (+0.84%)          6,746.14

CAC 40          (+0.78%)          4,350.04

DAX          (+1.21%)          9,783.01

Nikkei 225          (+0.69%)          15,402.72

Hang Seng          (+0.40%)          23,440.93

SSE          (+0.03%)          2,067.27

For more information on the services provided by Triumph Financial Advisors please visit our website at www.triumphfinancialadvisors.com or contact us on info@triumphfinancialadvisors.com.

DISCLAIMER  The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Triumph Financial Advisors.All market data within this release is for your general information and enjoys indicative status only. Triumph Financial Advisors does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data.

Contact
Triumph Financial Advisors
***@triumphfinancialadvisors.com

--- End ---

Click to Share

Contact Email:
***@triumphfinancialadvisors.com Email Verified
Source:Triumph Financial Advisors
Industry:Finance, Investment
Tags:triumph financial advisors, Chinese Economic Update, China Economic Indicators, china news, Global Market Data
Shortcut:prlog.org/12348323
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share