News to trade on November 15
Do you want to know how Brexit news affected the GBP? What are the indicators to wait for today? How to trade the key currency levels on the current news?
China GDP & Industrial Production
| S&P Global Ratings has recently downgraded China’s sovereign credit rating. As a result, the market will be paying very close attention to the key Chinese data releases – GDP and industrial production. The data will be published at 05:00 MT time on October 19. |
| China’s gross domestic product (GDP) rose by 7.3% in 2014, 6.9% in 2015 and 6.7% last year. The Asian nation’s economic growth is slowing down. |
| Chinese releases will have a strong impact on the AUD and the NZD. These currencies will suffer if the figures disappoint. Japanese yen, on the contrary, will react in the opposite way. |
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Another opportunity to trade the GBP
Great Britain will release the level of retail sales at 11:30 MT time on November 15.
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