China data is due at 0200GMT – GDP preview
Read full post at forexlive.com
Data from China due on Monday 18 January 2021 at 10 am Beijing time (0200GMT):
As posted earlier:
China GDP
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expected +2.7% q/q, +6.2% y/y
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prior was +2.7% q/q and +4.9% y/y
& China activity data for December 2020
Industrial Production y/y
Industrial Production YTD y/y
Fixed Assets (excluding rural) YTD y/y
Retail Sales y/y,
Retail Sales YTD y/y
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expected -36.9%, prior was -4.8%
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note the dichotomy between industrial production and retail sales, this is (an admittedly imperfect) indication in the changing recovery rates of the industrial and domestic demand sectors
I’m a wee bit snowed under so if you are after a preview I’ll refer to this helpful pice from Reuters that discusses what’s going on China a little more widely also: