China’s NDRC: Downward pressure on Chinese economy increasing

Source Fxstreet

The National Development and Reform Commission (NDRC), China’s state planner, said on Tuesday that “the downward pressure on China's economy is increasing.”

Additional takeaways

China's economy largely stable.

China's economy facing more complex internal, external environments.

Market expectations have improved after new policy adoption.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold sits near record high as Fed rate cut bets keep USD depressedGold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
Author  FXStreet
Sep 16, Tue
Gold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
placeholder
Silver Price Forecast: XAG/USD slumps to near $42.00, investors brace for Fed rate decisionThe Silver price (XAG/USD) tumbles to around $42.05 during the Asian trading hours on Wednesday.
Author  FXStreet
Yesterday 02: 28
The Silver price (XAG/USD) tumbles to around $42.05 during the Asian trading hours on Wednesday.
placeholder
Bitcoin could rally alongside S&P 500 if Fed cut ratesBitcoin (BTC) could be poised for a price surge following its positive correlation with the S&P 500, as market participants anticipate a 25-basis-point rate cut from the Federal Reserve on Wednesday.
Author  FXStreet
Yesterday 03: 46
Bitcoin (BTC) could be poised for a price surge following its positive correlation with the S&P 500, as market participants anticipate a 25-basis-point rate cut from the Federal Reserve on Wednesday.
placeholder
Gold pulls back from record highs as USD recovers ahead of Fed decisionGold (XAU/USD) attracts some sellers during the Asian session on Wednesday and moves away from the all-time peak, levels just above the $3,700 mark touched the previous day.
Author  FXStreet
Yesterday 05: 43
Gold (XAU/USD) attracts some sellers during the Asian session on Wednesday and moves away from the all-time peak, levels just above the $3,700 mark touched the previous day.
placeholder
Federal Reserve set to resume interest-rate cuts as concerns over labor market mountThe US Federal Reserve is expected to cut the policy rate for the first time in 2025.
Author  FXStreet
Yesterday 10: 11
The US Federal Reserve is expected to cut the policy rate for the first time in 2025.
Related Instrument
goTop
quote