Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 1.1% against a forecast of 0.8%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Caixin Manufacturing PMI | Bearish change | 50.6 | 49.9 | ||
| NBS Manufacturing PMI | Bullish change | 49 | 49.2 | ||
| NBS Non-Manufacturing PMI | Bearish change | 50.1 | 49.5 |