Market Comment | Financial markets started the week in cautious mood
Published on Monday, June 13, 2016 | Updated on Tuesday, June 14, 2016
Market Comment | Financial markets started the week in cautious mood
Summary
China economic indicators confirm continuing weakness. Retail sales moderated in May (10% YoY, forecast 10.1%, previous 10.1%). Furthermore, fixed asset investment declined in May (9.6% YTD YoY, consensus 10.5% YTD YoY, previous 10.5% YTD YoY). However, industrial production growth remained stable in May at 6.0% YoY. The European Central bank bought EUR 348mln of […]
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BBVA Research
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