Market Comment | China’s GDP increased 6.2% in the second quarter of 2019

Summary

China’s National Bureau of Statistics reported on Monday that the GDP of China increased 6.2% in the second quarter of 2019. This growth of the economy is in line with what analysts predicted and represents the slowest rate of expansion since 1992Q1. However, its quarter on quarter reading of 1.6% was ahead of forecasts.

Key points

• Key points:
• China’s GDP increased in line with what analysts predicted.
• Most eurozone government bond yields inched down.
• FX showed minor changes.

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