{"id":75804,"date":"2024-01-16T11:17:03","date_gmt":"2024-01-16T09:17:03","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=75804"},"modified":"2025-12-09T16:51:44","modified_gmt":"2025-12-09T14:51:44","slug":"chinas-q4-gdp-rates-due-out-tomorrow","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/ms\/chinas-q4-gdp-rates-due-out-tomorrow\/","title":{"rendered":"China\u2019s Q4 GDP rates due out tomorrow"},"content":{"rendered":"

China\u2019s GDP rate for Q4 is due to be released in tomorrow\u2019s Asian session. The GDP rates for Q4 are expected by economists to come in 5.2% versus last quarter\u2019s 4.9%, implying that the Chinese economy is experiencing economic growth and is also expanding. Should the GDP rates come in as expected, it could potentially support the CNY and the Aussie, given their close economic ties. Whereas should the GDP rates disappoint and come in lower than expected, it could potentially weigh on the Aussie and CNY. In today\u2019s European session, the UK\u2019s employment data for November hinted at a resilient labour market, with the unemployment rate remaining steady at 4.2% versus the expectations of 4.3%. The lower-than-expected unemployment rate could have supported the pound, yet at this time it appears that the pound\u2019s downwards trajectory following the release, may be driven by the lower-than-expected average earnings rate for November, which may imply easing inflationary pressures. According to various media sources, Apple (#AAPL) has removed the blood oxygen monitor system from its new Apple watch devices, in an attempt to find a workaround against the ITC ruling. The \u201cre-designed\u201d Apple watch could weigh on the company\u2019s stock price, as it could lead to reduce sales in the future as the technology may have been a key selling point for Apple\u2019s watch. Lastly, we note that Morgan Stanley (#MS) and Goldman Sachs (#GS) are due to report their earnings today.<\/p>\n\n\n\n

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