- Analytics
- News and Tools
- Market News
- China’s GDP expands 5.2% YoY in Q4 vs. 5.3% expected
China’s GDP expands 5.2% YoY in Q4 vs. 5.3% expected
China’s economy grew at an annual rate of 5.2% in the final quarter of 2023 when compared to the 4.9% expansion in the third quarter, the official data released by the National Bureau of Statistics (NBS) showed on Wednesday. The market estimated an expansion of 5.3% in the reported period.
On a quarterly basis, Chinese Gross Domestic Product (GDP) climbed by 1.0% in Q3 vs. 1.0% expected and 1.3% booked previously.
China’s December Retail Sales YoY, rose 7.4% vs. 8.0% expected and 10.1% prior while the country’s Industrial Production came in at 6.8% YoY vs. 6.6% forecasts and November’s 6.6%.
Meanwhile, the Fixed Asset Investment increased 3.0% YTD YoY in December vs 2.9% expected and 2.9% last.
AUD/USD reaction to China’s data dump
Mixed Chinese data fail to move the needle around the Australian Dollar. AUD/USD is meandering near intraday lows below 0.6600, up 0.06% on the day.
Australian Dollar price today
The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the New Zealand Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.01% | 0.01% | -0.02% | -0.03% | 0.01% | -0.13% | -0.03% | |
| EUR | -0.01% | -0.01% | -0.03% | -0.03% | 0.01% | -0.12% | -0.03% | |
| GBP | 0.00% | 0.00% | -0.04% | -0.04% | -0.05% | -0.14% | -0.04% | |
| CAD | 0.03% | 0.03% | 0.03% | -0.03% | 0.03% | -0.10% | -0.02% | |
| AUD | 0.03% | 0.03% | 0.04% | 0.00% | 0.04% | -0.10% | 0.00% | |
| JPY | 0.01% | 0.00% | 0.03% | -0.01% | 0.00% | -0.11% | -0.04% | |
| NZD | 0.13% | 0.13% | 0.13% | 0.10% | 0.10% | 0.13% | 0.10% | |
| CHF | 0.03% | 0.04% | 0.04% | 0.01% | 0.00% | 0.04% | -0.10% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
© 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
