The volume of industrial production in China – THIS NIGHT!
Dear traders,
The National Statistical Office of China will publish data on the volume of industrial production in China in February at 04:00 Wednesday Kiev time. In January, the growth of this indicator was 6.2%.
At the same time, China will publish reports on investments in fixed assets and retail sales.
Economic reports of China at the beginning of the year are usually perceived by analysts with caution. The fact is that prices and business activity are significantly changing at this time of year because of the long celebration of the Chinese New Year, which lasts about a week. New Year in the lunar calendar was celebrated in January 2017, and in 2018 this holiday fell on February.
Analysts predict that investors will not be able to get a clear picture of the economic situation in China before the release of data for the first quarter, which will be published in April. (Source: ru.investing.com)
Insure your positions in advance!
Have a good evening
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