Fx Primus Rebates

China Q1 GDP: 6.8% y/y (expected 6.8%)

January to March economic growth data out of China GDP growth running above the target for the (full) year (which is around 6.5%), but the outlook for continued export growth is being scrubbed a little lower in the wake of trade tensions with the US. 

Fx Primus Rebates

China commerce ministry remarks on US ban re ZTE phones

China com min comments: – Says hopes US can approporiately deal with issue on ZTE  – in accordance with law Says will closely monitor satiation on ZTE – Prepared to take action to protect China firms tsinterests Also, on Japan – China says it’ll be conducting a review (anti dumping) on Japan capacitors

Fx Primus Rebates

Audio recap: Tweeting the dollar down

A look at the Monday market moves The dollar was back under pressure across the board on Monday, though the dollar’s slide had little to do with a consensus US retail sales showing, or any other calendar event. Looking ahead, there’s plenty of first tier data scheduled across all three sessions on Tuesday.