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15 Jan 2016
China's key events next week - TDS
FXStreet (Guatemala) - Analysts at TD Securities explained that the key events from China next week.
Key Quotes:
"We see small downside risks to IP. Caixin was soft and better predicted this sector's decline compared with the official PMI. But the Chinese economy is slowly rotating, and it’s the retail sales number that should be looked at more closely.
Here, we expect the number to come out a touch higher than consensus as wealthier households increasingly prefer to consume services."
Key Quotes:
"We see small downside risks to IP. Caixin was soft and better predicted this sector's decline compared with the official PMI. But the Chinese economy is slowly rotating, and it’s the retail sales number that should be looked at more closely.
Here, we expect the number to come out a touch higher than consensus as wealthier households increasingly prefer to consume services."