Created
: 2025.07.15
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
China's NBS: Economic performance in the first half of the year is stable, with steady progress
World FX news
Breaking news
China's NBS: Economic performance in the first half of the year is stable, with steady progress
New
2025.07.15 11:41
2025.07.15 11:41
2025.07.15 11:41
Following the publication of the high-impact China's Gross Domestic Product (GDP) and activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Tuesday.
Key quotes
Overall economic performance in the first half of the year was stable, with steady progress.
Structural contradictions within the economy have not been fundamentally alleviated.
Domestic demand as a contribution to economic growth has been a driving force for GDP.
Final consumption accounted for 52.3% for Q2 GDP growth.
Trade accounted for 23% for Q2 GDP growth.
Need to improve investment structure, environment.
Real estate market heading towards stabilisation.
Decline in house prices has generally narrowed, in some cities prices are rising.
Market reaction
At the time of press, the AUD/USD pair was up 0.05% on the day at 0.6548.
GDP FAQs
A country's Gross Domestic Product (GDP) measures the rate of growth of its economy over a given period of time, usually a quarter. The most reliable figures are those that compare GDP to the previous quarter e.g Q2 of 2023 vs Q1 of 2023, or to the same period in the previous year, e.g Q2 of 2023 vs Q2 of 2022. Annualized quarterly GDP figures extrapolate the growth rate of the quarter as if it were constant for the rest of the year. These can be misleading, however, if temporary shocks impact growth in one quarter but are unlikely to last all year - such as happened in the first quarter of 2020 at the outbreak of the covid pandemic, when growth plummeted.
A higher GDP result is generally positive for a nation's currency as it reflects a growing economy, which is more likely to produce goods and services that can be exported, as well as attracting higher foreign investment. By the same token, when GDP falls it is usually negative for the currency. When an economy grows people tend to spend more, which leads to inflation. The country's central bank then has to put up interest rates to combat the inflation with the side effect of attracting more capital inflows from global investors, thus helping the local currency appreciate.
When an economy grows and GDP is rising, people tend to spend more which leads to inflation. The country's central bank then has to put up interest rates to combat the inflation. Higher interest rates are negative for Gold because they increase the opportunity-cost of holding Gold versus placing the money in a cash deposit account. Therefore, a higher GDP growth rate is usually a bearish factor for Gold price.
Last updated
: 2025.07.15
Related articles
GBP/USD: Weakness is not ruled out - UOB Group
2 minutes agoUSD/JPY: Nearing overbought conditions - OCBC
4 minutes agoEUR/USD remains on the downside - UOB Group
9 minutes agoGBP: Macro, not fiscal, weighing now - ING
11 minutes agoEUR/USD: Fate hinges on USD - OCBC
15 minutes agoEUR: German ZEW should continue upbeat tone - ING
17 minutes ago
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/JPY hits fresh yearly highs above 172.60 amid a brighter market mood
The Euro appreciated for the third consecutive day on Tuesday, to reach levels above 172.60 for the first time since July last year, with the safe-haven Yen weighed by a somewhat brighter market mood on Tuesday.
New
2025.07.15 17:34GBP/USD: Weakness is not ruled out - UOB Group
Further Pound Sterling (GBP) weakness is not ruled out against US Dollar (USD); any declines are unlikely to reach the major support at 1.3375. In the longer run, the outlook for GBP remains negative; a move to 1.3375 is now expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.07.15 17:33USD/JPY: Nearing overbought conditions - OCBC
USD/JPY rose amid rise in UST yields, tariff implications, sell-off in longer-dated JGBs and upper house election uncertainty. USD/JPY was last at 147.69 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
2025.07.15 17:30The Oil market doesn't buy the secondary tariff threat - ING
ICE Brent settled a little more than 1.6% lower yesterday, taking prices back below US$70/bbl, despite President Trump's "major statement" on Russia. Trump threatened to impose secondary tariffs of 100% on Russia if President Putin didn't make a deal within 50 days to end the war in Ukraine.
New
2025.07.15 17:29EUR/USD remains on the downside - UOB Group
Risk for Euro (EUR) remains on the downside against US Dollar (USD); lackluster momentum continues to suggest that 1.1625 is likely out of reach. In the longer run, the risk of EUR declining to 1.1625 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.07.15 17:26GBP: Macro, not fiscal, weighing now - ING
In quiet markets, the EUR/GBP run-up to 0.8700 has been notable, ING's FX analyst Chris Turner notes
New
2025.07.15 17:23LME Copper falls as cancelled warrants drop most since 2019 - ING
LME Copper prices fell below $9,600/t yesterday as requests to withdraw Copper from the LME warehouses dropped by 25,100 tonnes to 15,875 tonnes.
New
2025.07.15 17:22EUR/USD: Fate hinges on USD - OCBC
Euro (EUR) consolidated overnight in absence of fresh catalyst while markets wait and see US CPI data for any tariff-related implications. EUR was last at 1.1675, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
2025.07.15 17:20EUR: German ZEW should continue upbeat tone - ING
EUR/USD is consolidating as investors price up the next trade move, ING's FX analyst Chris Turner notes.
New
2025.07.15 17:18GBP/JPY Price Forecast: Looking for direction above 198.25 support
The Pound treads water as the Yen loses momentum, with market sentiment improving.The bearish correction from last week's highs near 200.00, remains contained above 198.25 for now.On the upside, the Pound would need to clear Monday's top, at 198.80, to ease bearish pressure.The Pound is picking up o
New
2025.07.15 17:05Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
