Deutsche Bank Boosts China's GDP Forecast; TSMC Cites Gas Price Risks

Deutsche Bank has increased its 2026 GDP growth forecast for China to 4.9%, aligning with government targets.

Meanwhile, Taiwan Semiconductor Manufacturing Company (TSMC) has warned that escalating gas prices, driven by Middle East tensions, pose a risk to semiconductor supply chains and could impact profitability.

These energy market disruptions may contribute to higher European inflation, potentially influencing the European Central Bank's (ECB) monetary policy decisions.

Analysts are monitoring statements from ECB officials, particularly Christine Lagarde, and Eurozone inflation data for further insights into the bank's stance on interest rates. TSMC's upcoming financial results and commentary from major technology firms will also shed light on supply chain pressures.