- Analytics
- News and Tools
- Market News
- China data beats expectations besides Retail Sales miss, AUD/USD holds around 0.7200
China data beats expectations besides Retail Sales miss, AUD/USD holds around 0.7200
The Gross Domestic Product (GDP) released by the National Bureau of Statistics of China has been released as follows:
- China GDP (YoY) Q4 4.0% (est 3.3%; prev 4.9%).
- China Q4 2021 GDP 1.6% QoQ.
Retails Sales and Industrial Production was also released as follows:
- China Retail Sales (YoY) Dec 1.7% (est 3.8%; prev 3.9%).
- China Industrial Production (YoY) Dec 4.3% (est 3.7%; prev 3.8%)
AUD/USD is steady on the release around 0.72 the figure.
-
AUD/USD Price Analysis: Bears pressure 0.72 the figure, eyes on key employment data
About China GDP
The Gross Domestic Product (GDP) released by the National Bureau of Statistics of China studies the gross value of all goods and services produced by China. The indicator presents the pace at which the Chinese economy is growing or decreasing. As the Chinese economy has influence on the global economy, this economic event would have an impact on the Forex market. Generally speaking, a high reading is seen as positive (or bullish) for the CNY, while a low reading is seen as negative (or Bearish).
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
