OctaFX | OctaFX Forex Broker
Open trading account

World Bank cuts GDP forecast for China, Asian region

FXStreet (Bali) - The World Bank has cut its GDP growth forecast for China and the Asian region.

According to the World Bank, China is set to grow at 7.4% in 2014, and 7.2% in 2015, which represents a 0.2 bp downward revision from their April forecast of 7.6% in 2014 and a 0.1bp cut from a 7.5% previously expected for 2015.

Meanwhile, the Asian region, not including China, is now expected to grow at 4.8% in 2014 and 5.3% in 2015.

Leveraged funds reduced overall net long USD positioning - ANZ

Leveraged funds reduced their overall net long USD positioning by USD1.0bn to USD23.5bn in the week ending 30 September, notes ANZ.
Read more Previous

RBA’s next move a 25bps hike in Q3 2015 - Standard Chartered

According to Standard Chartered, The RBA’s next move will likely be a 25bps hike in Q3-2015
Read more Next
Start livechat