The information provided is of general nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information provided, you should consider whether the information is suitable for you and your personal circumstances and if necessary, seek appropriate professional advice. All opinions, conclusions, forecasts or recommendations are reasonably held at the time of compilation but are subject to change without notice. Past performance is not an indication of future performance. Go Markets Pty Ltd, ABN 85 081 864 039, AFSL 254963 is a CFD issuer, and trading carries significant risks and is not suitable for everyone. You do not own or have any interest in the rights to the underlying assets. You should consider the appropriateness by reviewing our TMD, FSG, PDS and other CFD legal documents to ensure you understand the risks before you invest in CFDs. These documents are available here.
Any references to Australian or international shares, sectors, indices, ETFs, crypto-related stocks or other instruments are provided for market commentary and watchlist purposes only and do not constitute a recommendation, offer or solicitation to buy, sell or hold any financial product or adopt any investment strategy. International markets may involve additional risks, including currency fluctuations, regulatory differences, market structure differences, reduced liquidity and higher volatility. Company-specific, sector-specific and macroeconomic risks may also affect performance.
Commentary on geopolitical developments, economic data, central bank decisions, earnings, policy changes and other global or financial market events is based on information available at the time of publication and may change without notice. Such events can lead to sudden market moves, price gaps, reduced liquidity, wider spreads and increased volatility, particularly in leveraged products such as CFDs. Forward-looking statements, expectations and scenario analysis are inherently uncertain and should not be relied on as guarantees of future market behaviour or outcomes.
China: Data outlook stays steady – Standard Chartered
Standard Chartered’s Hunter Chan and Shuang Ding expect China to enter Q4 at a steady pace, with October data showing a seasonal slowdown in manufacturing and trade but modest improvement in investment and retail sales. They forecast CPI inflation below 1% year-on-year, a narrower trade surplus, and seasonal weakness in CNY loan growth alongside stronger corporate bond financing.
Seasonal slowdown with steady Q4 pace
"China’s official manufacturing PMI fell to 49.3 in October from 50.1 in September, below market consensus but consistent with seasonal patterns."
"We expect the 2Y CAGR of industrial production (IP) to have moderated to 5.1% after a jump in September."
"Resilient external demand for AI-related products and a favourable base effect likely supported export growth of over 30% y/y."
"We expect fixed asset investment (FAI) to have improved as policy funding continued to be deployed."
"CPI inflation likely remained at 0.9% y/y as steeper food deflation offset higher energy inflation."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
Related Articles
