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China GDP impact on the market

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Posted by : NIFM
20 January, 2015, 6:19 PM
What is china gdp data? What will the impact of china gdp data into the international market or indian market? GDP Full Form is gross domestic product. Uses the GDP to measure the national economy. Change in the inflation-adjusted value of all goods and services produced by the economy. When Actual comes more than the Forecast means that is good for the country currency (Vice versa). The China data released by National Bureau of Statistics. Released quarterly, about 18 days after the quarter end.   Today’s china data: Actual >7.3% Forecast 7.2% = Good For Currency.   Asian stock markets traded higher late Tuesday, with sentiment supported by China's fourth quarter gross domestic product which beat expectations to come in at 7.3 percent from the year-ago period. This was a tick higher than the 7.2 percent forecast by analysts and holding steady from the prior quarter. China’s stimulus efforts began kicking in late last year, boosting industrial production and retail sales, and helping full-year economic growth come close to the government’s target. Impact: Overall Positive for China market as well as World market, because the china market is a leading market so that only it will impact all over world markets.

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