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Key Fundamental Factors This Week (10/20-10/24)
Last week, the market moved mainly to poor US data, keeping the greenback in consolidation after a few months of gains. Let’s take a look at this week’s fundamental factors that might shake up the markets. After peaking in 2010, China’s GDP has been sliding but the pace has flattened since 2013. Q3 data is expected to be the lowest since Q1 of 2009, when it showed a 6.1% growth compared to Q1 of 2008. A softening Chinese economy will likely have downside pressure on risk appetite and commodity prices. Wednesday (10/22) AUS CPI q/q (Q3) Forecast: 0.4% Previous 0.5% Bank of England Meeting Minutes are due on ... (full story)
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