Employers in the U.S. probably expanded payrolls in April by the most in five months, adding to evidence the world’s largest economy is springing back from a weak start to the year.
Chinese industrial companies’ profits jumped 82 percent in the first five months of 2010, underscoring the strength of an economic comeback that is prompting officials to wind back stimulus measures.
China’s stocks rose for a third day before the release of trade data tomorrow, as gains by consumer staples producers and property developers overshadowed losses by drug and technology companies.
China’s export growth may slow over the rest of the year to less than half the pace of the first six months, a government agency forecast.
Japan and China agreed to talks aimed at reducing tensions over a territorial dispute a day after Japanese Prime Minister Yoshihiko Noda warned that Asia’s two biggest economies would suffer without negotiations.
"Improved global demand has modestly lifted production and exports; domestic demand has been resilient, helped by upbeat consumers."
- Alaistair Chan on Apr 26, 2014