Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 1.1% against a forecast of 0.8%.
Recent economic data has been strongly bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports (YoY) | Bearish change | 8.3% | 1.1% | ||
| Exports (YoY) CNY | Bearish change | 8.4% | -0.8% | ||
| Imports (YoY) | Bearish change | 7.4% | 1% | ||
| Imports (YoY) CNY | Bearish change | 7.5% | 1.4% | ||
| Trade Balance CNY | Bearish change | 645.47B | 640.4B | ||
| Trade Balance USD | Bearish change | $90.45B | $90.07B | ||
| NBS Manufacturing PMI | Bearish change | 49.8 | 49 | ||
| NBS Non-Manufacturing PMI | Bullish change | 50 | 50.1 |