TC Economic Insight - The Week Ahead (October 14 - 18)

By

Kim Ming Lam

October 11, 2024

3

Min Read

TC Economic Insight - The Week Ahead (October 14 - 18)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of October 14 - 18:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which major economies to focus on:

China’s stock market staged a stunning rally – and then a rapid cooling – recently after authorities announced plans to implement stimulus measures.

As the focus of global investors/ traders has turned to China, data on the country’s economy are closely watched. 

According to Trading Central's "Economic Insight", China’s GDP growth, to be reported on Friday (October 18), is expected to slow further to 4.5% year on year in the third quarter.

In the past 4 Chinese GDP Growth reports, within one hour from the event, USD/CNH rose in 50% of times (2 out of 4 events), marking a trading range of 82.42 pips on average.

Key Economic Data Forecasts:

(GMT+02:00 Central European Time) 

Happy Trading!

Source: Trading Central Economic Insight

Kim Ming Lam

Head of APAC Research
Ming graduated from Hong Kong University with a Bachelor's degree in mechanical engineering. He has been working in the financial services sector for over 10 years. He is currently tasked with providing clients with technical analysis views on forex and Asian stock indexes.
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