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SPEU - International Economic Week In Review 1/13-1/17
SPDR® Portfolio Europe ETF
This was a somewhat light week of international news. There were, however, three regions that issued some key data.
Chinese GDPincreased by 6.1% in the latest quarter.This continues the moderating trend that we've seen in China for the last few years. The same report noted that industrial production was up 5.7% Y/Y while retail sales rose 8%. Car sales were the one area of weakness (emphasis added):
The national autoindustrybody said total car sales fell 8.2% to just under 25.8 million in 2019, after having slid nearly 3% in 2018 in the first