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China’s NDRC Vice Chairman Ning: China’s economic growth in 2019 met target

China achieved economic growth target in 2019 despite global market uncertainties, the National Development and Reform Commission (NDRC), China’s state planner, Vice Chairman Ning Jizhe said over the weekend.

Key Quotes (via Global Times):

“Economic growth in 2019 met target thanks to supportive policies and the acceleration of the domestic economic transformation.

Despite downward pressure persisting amid uncertainties in the global market because of trade tensions with the US.

Will achieve its GDP growth target of 6-6.5 percent in 2019.”

USD/CNH refreshes 4.5-month low as bears cheer US-China trade news

USD/CNH extends losses to 6.9100, after diving to the lowest since early-August, during early Monday.
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GBP/USD Technical Analysis: Weekly chart indicates buyer exhaustion

GBP/USD is operating on slippery grounds and could drop below the psychological support of 1.30. The back-to-back weekly candles with long upper shado
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