When is the China quarterly GDP and how could it affect AUD/USD?
News brief
The National Bureau of Statistics of China (NBS) will publish its data at 02.00 GMT on Thursday. China quarterly GDP is estimated to grow 1.3% in the first quarter (Q1), compared to an expansion of 1.2% in Q4. On an annual basis, the Chinese economy is forecast to expand 4.8% versus 4.5% prior. China quarterly GDP OverviewThe National Bureau of…
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
The National Bureau of Statistics of China (NBS) will publish its data at 02.00 GMT on Thursday. China quarterly GDP is estimated to grow 1.3% in the first quarter (Q1), compared to an expansion of 1.2% in Q4. On an annual basis, the Chinese economy is forecast to expand 4.8% versus 4.5% prior. China quarterly GDP OverviewThe National Bureau of… The National Bureau of Statistics of China (NBS) will publish its data at 02.00 GMT on Thursday. China quarterly GDP is estimated to grow 1.3% in the first quarter (Q1), compared to an expansion of 1.2% in Q4. On an annual basis, the Chinese economy is forecast to expand 4.8% versus 4.5% prior. China quarterly GDP OverviewThe National Bureau of Statistics of China (NBS) will publish its data at 02.00 GMT on Thursday. China quarterly GDP is estimated to grow 1.3% in the first quarter (Q1), compared to an expansion of 1.2% in Q4. On an annual basis, the Chinese economy is forecast to expand 4.8% versus 4.5% prior.The GDP data is a measure of the total value of all goods and services produced in… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
