Breaking News

China Gross Domestic Product (GDP) QoQ

Latest Release

Oct 18, 2024

Actual

0.9%

Forecast

1.0%

0.7%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. A stronger than expected number should be taken as positive for the CNY and a lower than expected number as negative to the CNY.

Importance:

Country:

Currency: CNY

Source: National Bureau of Statistics...

Release Date	Time	Actual	Forecast	Previous
Oct 17, 2024 (Q3)	21:00	0.9%	1.0%	0.7%
Jul 14, 2024 (Q2)	21:00	0.7%	1.1%	1.5%
Apr 15, 2024 (Q1)	21:00	1.6%		1.2%
Jan 16, 2024 (Q4)	21:00	1.0%	1.0%	1.5%
Oct 17, 2023 (Q3)	21:00	1.3%	1.0%	0.5%
Jul 16, 2023 (Q2)	21:00	0.8%	0.5%	2.2%

News

Oil prices steady but set for steep weekly losses on demand fears By Investing.com - Oct 18, 2024

Investing.com -- Oil prices steadied Friday, helped to a degree by positive U.S. inventory data, but were headed for their worst week since early-September amid growing concerns over weak demand. At...

Asia FX muted as dollar steadies at over 2-mth peaks on strong data By Investing.com - Oct 18, 2024

Investing.com-- Most Asian currencies kept to a tight range on Friday as the dollar steadied at more than two-month highs as strong economic data furthered expectations of smaller interest rate...

Asia stocks muted; China shares rise as GDP meets expectations By Investing.com - Oct 17, 2024

Investing.com-- Most Asian stocks were muted on Friday amid uncertainty over U.S. interest rates and the upcoming presidential election, while Chinese shares turned positive on data showing the...

Analysis

Copper: Potential Price Rebound Could Signal Resilient Global Economy Ahead By Damian Nowiszewski - Jan 18, 2024

A stronger dollar and a poor outlook for China's real estate market are weighing on copper prices But, demand for copper should gradually increase in the coming years Meanwhile, Antofagasta, a mining...

Commodities Week Ahead: China Holds Back Oil Rally in Replay of 2022 By Barani Krishnan - Jul 17, 2023

China Q2 GDP shows substantial growth slowdown in top oil-importing nation Doubts are growing that global oil demand will hit record highs this year OPEC cannot cut its way to prosperity, not with...

Oil: Lower Demand, Production Cuts Create Unusual Stability in Gasoline Prices By Ellen Wald - Jul 13, 2023

Gasoline prices in the U.S. remain steady at $3.50 per gallon despite typical summer fluctuations Lower global oil demand, higher interest rates, and Saudi Production cuts offset each other, keeping...

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