There is only one number that matters in Asia on Tuesday (and its coming up soon) via ForexLive

The Financial Times (via their FastFt service, gated) says:

  • There is only one number that matters in Asia on Tuesday
  • It has the potential to send global markets into a spin

They are referring, of course, to the Q3 China GDP due at 0200GMT.

The article goes on:

  • President Xi Jinping's government has a 7.5 per cent GDP target for the whole of 2014, although the IMF has predicted this will be missed.
  • If the quarter's growth trails the official target, expect economists to widely predict the Chinese government will launch another major stimulus package.

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More news/previews on the release:

 

posted via ForexLive

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