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World Bank: External risks for China have become ‘more prominent’

The World Bank is out with its latest China Economic Update on Thursday, with the key highlights found below.

The bank leaves its estimate for China GDP growth unchanged at 6.5% for 2018 and expects growth slowing to 6.3% in 2019.

Sees drags from tighter policy and trade 'moderation'.

Sees gradual growth slowdown still.

NZD/USD recovery looks to be capped off below 0.70

The NZD/USD is trading near 0.6975, just off recent highs after Wednesday's risk appetite recovery saw the Kiwi rebound against the Greenback through
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Gold Technical Analysis: Indecisive Market

Daily chart Current price: $1,300 Daily high: $1,305 Daily low: $1,300 Trend: sideways, indecisive market Resistance $1,305 (session high) $1
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