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Weaker RMB signals market worries about the China-US relations
The RMB was heading to an exchange rate against the US dollar at around 7.2, as the tension between China and the US escalated
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Decline of China‘s Industrial Profits Keeps Slowing
For the first four months of 2020, total profits (total revenues minus total costs) of industrial enterprises decreased by 27.4% y/y
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The Economic Policy Uncertainty Indices for China Climbed in April
The mainland index climbed to 329 points in April from 219 in March
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Brazil’s Entrepreneur Confidence remains at the lowest levels since 2009
Brazil’s Entrepreneur Confidence Indicator stood at 34.7 points in May
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COVID-19 Continues to Impact China’s Fiscal Revenue in April
During the first four months of 2020, China’s fiscal revenue posted negative changes
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India’s Exports and Imports Plummet to Historic Low in April
Both exports and imports have fallen to a historic low in April 2020
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Brazil’s motor vehicles production plummets in April
Motor vehicles production in Brazil declined significantly in April 2020
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Brazil’s retail sales dropped in March
The extended retail contraction was 6.3% y/y in volume terms and 2.8% y/y in terms of sales revenue
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Unemployment Rate in China Increased in April
China's unemployment rate up to April 1st 2020
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China’s Industry, Retail Sales and Investment Post Less Steep Annual Declines
Real industrial production dropped by 4.9% y/y in the period January-April
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China Experiences Strong Deflation Pressures in April
China’s Consumer price index (CPI) grew by 3.3% y/y, decelerating from 4.3% y/y in March
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US Unemployment Rate Jumps to a Record High in April
The April figure is the highest since records began in 1948