预计印度2025财年四季度GDP增长7.0%

Economic Outlook - India's GDP is projected to grow by 7.0% in Q4 FY2025, down from 8.4% in Q4 FY2024 and below the National Statistical Office's forecast of 7.6%[6] - The Goods and Services Tax (GST) revenue is expected to increase by 10.7% year-on-year, indicating a nominal GDP growth of approximately 10.5%[6] Market Performance - Chinese markets saw a second consecutive day of gains, with Ningde Times (300750 CH/3750 HK) leading the rise[3] - U.S. stock markets faced sell-offs, with the Dow Jones down 1.91% to 41,860.4 points, and the S&P 500 down 1.61% to 5,844.6 points due to concerns over fiscal deficits[9] Fixed Income Trends - U.S. Treasury yields rose above 5% for 30-year bonds, driven by concerns over fiscal policy uncertainty and weak demand in a recent 20-year bond auction[5][30] - Asian bond markets showed strength, with spreads narrowing by 2-3 basis points[5] Commodity Movements - International crude oil prices fell over 1% due to rising U.S. inventories, with NY crude oil at $61.57 per barrel[27] - Gold prices increased for the third consecutive day, reaching $3,313.5 per ounce amid a weakening dollar[27] Stock Highlights - Netease (NTES US) reported better-than-expected performance in Q1 2025, with revenue and profit exceeding market expectations[9] - Meituan (3690 HK) is expected to see a 17% revenue growth in Q1 2025, driven by strong performance in its core local business[14]