Chinese GDP & Industrial Production

Chinese GDP & Industrial Production

China will publish its economic growth data for Q4 and December industrial production at January 17, 04:00 MT time.
China is the world’s fastest growing economy, so its economic performance matters to all Forex traders. Note that Chinese economy has been experiencing a slowdown during the past several years, so market participants will be keen on finding out whether this trend continues.
Risk-sensitive currencies will be most affected by the release. If Chinese figures exceed forecast, we expect Australian and New Zealand’s dollars to strengthen. If the release disappoints, it will be a good time for buying the safe havens like Japanese yen and Swiss franc. 

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