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Chinese Q3 GDP comes better-than-expected

FXStreet (Bali) - China's Q3 GDP came in at 6.9% vs (Q3) YoY expectations of 6.8% and a previous of 7.0% (psychological threshold up until now), while GDP seasonally adjusted (Q3) QoQ stood at 1.8% vs 1.7% exp, 1.7% prior.

As per Chinese retail sales (Sep) YoY, it came at 10.9 vs 10.8% expected and 10.8% previous, while retail sales YTD (Sep) YoY saw the number at 10.3 vs 10.5% expected and 10.5% prior. Industrial Production (Sep) YoY came at 5.7% vs 6.0% expected and 6.1% last.




China Urban investment (YTD) (YoY) came in at 10.3% below forecasts (10.8%) in August

China Urban investment (YTD) (YoY) came in at 10.3% below forecasts (10.8%) in August
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AUD/USD: 45 pip knee jerk rally post China GDP

AUD/USD was volatile on the back of the Chinese GDP for Q3. The data arrived as 6.9% Y/Y beating expectations of 6.8%, but comes below the previous of 7% Y/Y and as the lowest level since the start of the financial crisis.
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