# Macro fears stemming from China

**Published by:** [orchid](https://paragraph.com/@orchid/)
**Published on:** 2022-04-25
**URL:** https://paragraph.com/@orchid/macro-fears-stemming-from-china

## Content

Most commodity prices are trading sharply lower on Monday, April 25 because market participants express growing concerns over the Chinese economy due to a fresh Covid scare. Despite China’s policy easing, Goldman Sach has revised lower its Q2 growth forecast to 2.0% qoq annualized from 5.0%previously. We expect commodity prices to continue to come under pressure in the immediate term as traders adjust to a deteriorating macro picture. But fundamentally, we remain constructive and expect the bull run to resume later this year.

## Publication Information

- [orchid](https://paragraph.com/@orchid/): Publication homepage
- [All Posts](https://paragraph.com/@orchid/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@orchid): Subscribe to updates