China Q3 GDP data due today – preview Coming Up! Title text for next article Economic growth data for the third quarter (July to September) is due from China at 0200GMT  Q3 GDP expected is +6.6% y/y prior was +6.7% For q/q, expected 1.6%, prior 1.8% Couple of bank previews: HSBC: We expect GDP growth
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Gold rebounds from 3-day lows but fails to break above $1,230/oz.  Yellow metal receives support from lower US yields amid risk aversion.  Gold climbed from $1,218/oz and peaked at $1,230 during the US session but found resistance and pulled back. As of writing was trading around $1,225 away from the highs but still on positive
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Analysts at TD Securities explain that the UK retail sales disappointed, falling 0.8% m/m in September versus the small contraction expected by consensus and small gain we were looking for. Key Quotes “This was driven largely by a 1.5% pullback in food store sales, but still leaves the quarter with a decent gain. As the
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GBP/USD is trading in a bull trend above the 200-period simple moving average on the 4-hour chart. GBP/USD is supported above the 1.3100 figure and the 100-period simple moving average post-FOMC minutes. The RSI, MACD and Stochastic indicators are in bearish territories suggesting that the bulls still have to work their way up if they