China's economy expanded less than expected in Q1

Note: This section contains information in English only.
Source: Forexfactory
China's GDP grew less than initially expected in Q1 of 2012, reported China Statistics Bureau. Country's economy expanded by 8.1% in Q1 on an annual basis while experts predicted the GDP to grow by 8.4%. Many economists even hoped by 9.0% expansion. Meanwhile industrial production rose by 11.9% whereas retrial sales advanced by 14.8% in the period.


Back to articles

Actual Topics

Fri, 13 Apr 2012 08:42:42 GMT

China's new loans surpassed expectations last month

China's financial institutions provided more Yuan loans than initially expected in March that experts interpreted as fresh signs of monetary easing. New loans hit 1.01 trillion Yuan while analysts predicted the loans to achieve 800 billion Yuan, according to the PBOC.

Fri, 13 Apr 2012 12:11:04 GMT

Aussie weakens on China GDP data

Australian Dollar declined after China reported its GDP slowed more than expected in the first quarter. Aussie dropped 0.4% vesrus greenback to USD 1.0392. In contrast Kiwi gained 0.3% against its US peer to USD 0.8300. Currently AUD/USD is trading at  USD 1.0388 and NZD/USD is trading at 0.8292.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.