Breaking: China’s GDP expands 4.9% YoY in Q3 vs. 4.4% expected


The official data released by the National Bureau of Statistics (NBS) showed on Wednesday that China’s economy expanded at an annual rate of 4.9% in the third quarter of this year, as against the 6.3% growth in the second quarter. The market expectation was for an expansion of 4.4% in the reported period.

Over the quarter, Chinese Gross Domestic Product (GDP) increased by 1.3% in Q3 vs. 1.0% expected and 0.8% previous.

China’s September Retail Sales YoY, jumped 5.5% vs. +4.9% expected and +4.6% prior reading while the country’s Industrial Production came in at 4.5% YoY vs. 4.3% forecasts and August’s 4.5%.

Meanwhile, the Fixed Asset Investment increased 3.1% YTD YoY in September vs 3.2% expected and 3.2% last.

AUD/USD reaction to China’s data dump

The Australian Dollar is catching a fresh on mostly upbeat Chinese data releases. AUD/USD is testing intraday highs near 0.6370, up 0.13% on the day.

15-minutes chart

Australian Dollar price today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Pound Sterling.

  USD EUR GBP CAD AUD JPY NZD CHF
USD   -0.03% 0.06% -0.08% -0.06% -0.01% 0.04% -0.12%
EUR 0.02%   0.08% -0.05% -0.04% 0.02% 0.06% -0.10%
GBP -0.06% -0.08%   -0.13% -0.17% -0.05% -0.06% -0.17%
CAD 0.10% 0.09% 0.13%   -0.04% 0.08% 0.08% -0.03%
AUD 0.13% 0.09% 0.18% 0.06%   0.10% 0.17% 0.01%
JPY 0.01% -0.02% 0.05% -0.07% -0.13%   -0.04% -0.11%
NZD 0.00% -0.01% 0.06% -0.05% -0.12% 0.00%   -0.11%
CHF 0.12% 0.10% 0.18% 0.05% 0.06% 0.11% 0.16%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

AUD/USD met support near 0.6200… for now

AUD/USD met support near 0.6200… for now

AUD/USD regained the smile and charted humble gains for the first time after three straight daily declines, managing to revisit the mid-0.6200s following the weaker US Dollar.

AUD/USD News
EUR/USD looked unfazed by the ECB’s rate cut

EUR/USD looked unfazed by the ECB’s rate cut

EUR/USD posted humble gains around the 1.0430 zone on Thursday as investors largely bypassed the widely anticipated rate cut by the ECB, re-shifting their attention to the upcoming US PCE readings.

EUR/USD News
Gold looking for higher highs beyond $2,800

Gold looking for higher highs beyond $2,800

Further gains allow Gold to hit a record top in levels just shy of the key $2,800 mark per ounce troy on Thursday. The move higher in the yellow metal came in tandem with the offered stance in the Greenback and safe-haven inflows in response to persistent threats of US tariffs,

Gold News
Litecoin ETF gets acknowledged by SEC, LTC could stretch its rally to $186

Litecoin ETF gets acknowledged by SEC, LTC could stretch its rally to $186

Litecoin (LTC) gained over 15% on Thursday following the United States (US) Securities and Exchange Commission's (SEC) acknowledgment of Canary Capital's Litecoin exchange-traded fund (ETF) 19b-4 filing.

Read more
The ECB cuts rates as its voyage to neutrality continues

The ECB cuts rates as its voyage to neutrality continues

The European Central Bank has cut interest rates again by 25bp and looks set to continue the current rate cut cycle. Even without having it fully telegraphed in recent weeks, today’s ECB decision to cut policy interest rates by 25bp is no surprise. 

Read more
Trusted Broker Reviews for Smarter Trading

Trusted Broker Reviews for Smarter Trading

VERIFIED Discover in-depth reviews of reliable brokers. Compare features like spreads, leverage, and platforms. Find the perfect fit for your trading style, from CFDs to Forex pairs like EUR/USD and Gold.

Read More

Forex MAJORS

Cryptocurrencies

Signatures

Best Brokers of 2025