China will take center stage this week as markets look for signs of recovery in the world’s second-largest economy, as it continues to shift away from its manufacturing roots.
Gross domestic product (GDP) figures China for the January-March quarter will be the centerpiece in a slew of data releases this coming week, following the steady slowdown in the Chinese economy in recent years.
Experts predict growth to have moderately eased in the first quarter of 2016, with many estimating the economy to have expanded by 6.7 percent on-year according to a Reuters poll, compared to the 6.8 percent reading in the December quarter.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.