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17 Jan 2020

AUD/USD little changed after China’s GDP steadies at 6% YoY in Q4 vs. +6% expected

China's economy steadied its pace of growth in the fourth quarter, the official data released at 02:00 GMT showed.

The annualized fourth-quarter gross domestic product (GDP) came in at 6%, matching the forecasted print of 6.0% and unchanged from the previous quarter's GDP of 6.0%.

Inter-quarter, China’s GDP arrived at 1.5% vs. 1.5% in Q4 expected and 1.5% previous.

Jan 17, 2020

China Fixed Asset Investment (YTD) (YoY) above forecasts (5.2%) in December: Actual (5.4%)

AUD/USD extends recovery gains to 0.6900 following China’s data dump

AUD/USD rises to 0.6900 after China released the latest batch of headline data during early Friday.