China’s Gross Domestic Product for 2018’s second quarter managed to improve slightly on expectations, with the y/y figure coming in at the expected 6.7% (previous, 6.8%), but the q/q reading showed a more-than-expected improvement, clipping to 1.8% versus the forecast 1.6%, compared to the last reading of 1.4%. Meanwhile, China’s y/y Industrial Production figures for May clocked in at 6.0%, below the expected 6.5% (last 6.8%), while China’s y/y June Retail Sales came in at expectations, printing at 9.0% (last 8.5%). China’s National Bureau of Statistics noted that the Chinese economy maintained a steady growth trend through the first half, which puts China on par to achieve full-year growth targets, but the NBSC was quick to point out that uncertainties from the “external environment” remain a risk. 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 AUD/USD drops after China Q2 growth slowed as expected FX Street 5 years China's Gross Domestic Product for 2018's second quarter managed to improve slightly on expectations, with the y/y figure coming in at the expected 6.7% (previous, 6.8%), but the q/q reading showed a more-than-expected improvement, clipping to 1.8% versus the forecast 1.6%, compared to the last reading of 1.4%. Meanwhile, China's y/y Industrial Production figures for May clocked in at 6.0%, below the expected 6.5% (last 6.8%), while China's y/y June Retail Sales came in at expectations, printing at 9.0% (last 8.5%). China's National Bureau of Statistics noted that the Chinese economy maintained a steady growth trend through the first half,… 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.
