High impact
China's quarter-on-quarter seasonally adjusted GDP growth came in at 1.2%, above the 0.9% forecast and up from 0.9% previously.
FinancialJuice10/19, 09:00 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
AUD
Pushes up
WeeksMedium confidence
AUD often tracks China growth via trade links; faster growth could lift demand expectations
WTI
Pushes up
WeeksMedium confidence
Faster China growth could support oil demand expectations given China's import role
What could change this
The acceleration could reflect a low base in the prior quarter rather than a durable pickup in demand.
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