OctaFX | OctaFX Forex Broker
Open trading account

China GDP: Expecting 6.9% y/y - TDS

FXStreet (Bali) - According to TD Securities, while questions linger as to its accuracy, the Chinese GDP report it is still a market highlight.

Key Quotes

"The consensus expects 6.8% y/y while we are a whisker higher at 6.9%. We see services growth outpacing slower manufacturing, offering some support to overall GDP."

RBA may hold until Feb 2016 to cut rates - ANZ

According to ANZ, amid decreasing housing sentiment in Sydney, the RBA will wait until February to cut rates, with the case for a rate cut before Christmas only strengthened if the other major banks follow Westpac’s lead by increasing the mortgage rate.
Read more Previous

China data to show further cooing in growth - Nomura

Brian Tan, Economist at Nomura Singapore Ltd, expects China data, including Q3 GDP, to show a further cooling in growth.
Read more Next
Start livechat