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China’s NBS: Economy remains resilient despite impact from coronavirus

Following the releases of awful Chinese activity data, the spokesman for the country’s stats bureau, National Bureau of Statistics (NBS) highlighted the following key points.

China's economy remains resilient despite impact from coronavirus.

Still confident of achieving full-year economic growth target.

Expects China's economy to show significant improvement in march.

Expects impact from coronavirus on economy to decrease in Q2.

  • AUD/USD pays a little heed to China’s data dump

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US Pres. Trump congratulates Fed for rates cut, calls action 'terrific'

Speaking at a White House news conference early Monday, US President Trump applauded Federal Reserve (Fed) Chairman Powell’s decision to cut interest
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