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China: Likely to print strong data sets throughout - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at Nomura, expects the Chinese industrial production growth (out on 19 January) to moderate to 5.9% y-o-y from 6.2% in November, as we believe the rebound in November is unlikely to last, although some stabilisation is likely.

    Key Quotes

    “Given the stronger-than-expected December trade data, we see risks to our IP forecast as now skewed to the upside. We believe retail sales growth may rise to 11.9% y-o-y from 11.2% in November, helped both by higher inflation and domestic consumption. We expect fixed asset investment growth to tick up to 10.3% y-o-y (ytd) in December from 10.2% in November, possibly driven by infrastructure investment.”
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