In view of Prakash Sakpal, economist at ING, the outcome of the trade talks will be one of the key drivers for global markets next week, while delayed US tariff hikes on $250 billion of Chinese goods from the US also come into effect on 15 October. Key Quotes “The situation continues to be tense and hopes of a breakthrough in the near term remain slim as the US seems to be expanding the battlefield beyond trade and technology.” “China’s September data dump will tell us how all of this is impacting the economy. With such an adverse backdrop, GDP growth is poised to be on a steady downward slope in the third quarter and beyond.” “A nearly two-decade low industrial production growth, 4.4% in August, would be tantamount to a recession, although that’s not reflected by the positive GDP growth as consensus forecasts 1.5% QoQ SA vs. 1.6% in 2Q. However, the consensus of just a small tick down in annual growth to 6.1% from 6.2% appears to be a tad optimistic.” 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 Forex News Today: Daily Trading News share Read Next US Dollar Index bounces off lows, back near 99.00 ahead of FOMC FX Street 3 years In view of Prakash Sakpal, economist at ING, the outcome of the trade talks will be one of the key drivers for global markets next week, while delayed US tariff hikes on $250 billion of Chinese goods from the US also come into effect on 15 October. Key Quotes "The situation continues to be tense and hopes of a breakthrough in the near term remain slim as the US seems to be expanding the battlefield beyond trade and technology." "China's September data dump will tell us how all of this is impacting the economy. With such an adverse backdrop, GDP… 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.