China 3rd Qtr. Real GDP as expected

  • Rises 7.4% y/y (survey 7.4%, prior 7.6%).
  • Rises 7.7% YTD y/y (survey 7.7%, prior 7.8%).
  • Rises 2.2% q/q (survey 2.0%, prior 1.8%)

AUD/USD trading back to where it was before the release. Apparently 1.0395 traded but quickly came off and now at 1.0375/80 and going nowhere quick.

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