LPR Cut & WHO Approval Of China Vaccine Catalyze Markets, Week In Review


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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Week in Review - It was yet another choppy week of trading for Asian equities, which mirrored the US. However, both Hong Kong and Mainland China were up for the week. - China released key economic indicators for the month of April on Monday, showing declines in all categories except for fixed asset investment as Shanghai’s lockdown weighed on economic activity last month. Retail sales were driven lower by a fall of -22.7% in restaurant sales, though online retail sales have rebounded +5.2% year-to-date as of the end of April. - Earnings season kicked off this week for internet companies....