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Markets struggle as rally fades, China growth misses forecasts

Asian markets struggled Monday to build on last week's rally, with new data showing China's economy grew less than expected in the second quarter as its post-Covid recovery runs out of steam.Growth was also sharply down on a quarter-on-quarter basis, which is seen as a better guide to the state of the economy owing to the low base of comparison with last year's Covid-depressed performance.

Markets struggle as China growth misses forecasts

Hong Kong: Markets struggled Monday to build on last week s rally, with new data showing China s economy grew less than expected in the second quarter.

INTERVIEW - Phoebe White, JPMorgan: Core inflation will remain stable at around 3%

Phoebe White, Head of US Inflation Strategy at JPMorgan presents the CPI data, explaining that the biggest surprise was the re-acceleration in goods price inflation, driven by rising used car prices..

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