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Expiries for Apr13 NY cut 1000ET (Source DTCC)

GERMAN DATA

ZEW Expectations Sentiment Fell in April

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The Chinese economy may grow by 8.7% in 2021, with fixed asset investment expanding by 7.8% and consumption and exports at 13.8% and 5.4%, respectively, the National Business Daily reported citing Liu Shijin, deputy head of economy affairs of the Chinese People's Political Consultative Conference. Macro policies should gradually return to normal as the economy neared normal levels in Q4. Rising debt increases financial risks, though there should not be a sharp policy turn as consumption was still falling last year, the newspaper reported citing Liu.