Analysts at TD Securities point out that China’s GDP increased by 6.7% y/y in Q2, 1.8% q/q and 6.8% YTD y/y and the data were roughly in line with consensus expectations and marks a slight slowing in the annual pace of growth compared with Q1. Key Quotes “Other data revealed that June retail sales grew by a better than expected 9.0% and June IP grew by a softer than expected 6.0% y/y (consensus 8.8% and 6.5%, respectively).” “The data may come as a bit of relief given recent softer releases. Indeed last Friday’s release of money supply and aggregate financing data provided further signs of a slowdown in the economy, adding to other recent evidence of slowing activity in high frequency indicators.” “Overall with a slightly stronger sales outcome and weaker IP, on balance the reaction will be limited.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Oil markets tensing up ahead of Trump-Putin meetup FX Street 5 years Analysts at TD Securities point out that China's GDP increased by 6.7% y/y in Q2, 1.8% q/q and 6.8% YTD y/y and the data were roughly in line with consensus expectations and marks a slight slowing in the annual pace of growth compared with Q1. Key Quotes "Other data revealed that June retail sales grew by a better than expected 9.0% and June IP grew by a softer than expected 6.0% y/y (consensus 8.8% and 6.5%, respectively)." "The data may come as a bit of relief given recent softer releases. Indeed last Friday's release of money supply and aggregate financing… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
