China reports economic growth below expectations — its worst pace since the financial crisis – WILL CHINA DRAG the rest to recession?

China’s third quarter GDP growth slowest since 2009, misses expectations – USD MARCHES FORWARD.

China’s third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a years-long campaign to tackle debt risks and the trade war with the United States began to bite. Read More @


The USD remains ranged at 95.50 – will the price break further after China slow growth and US becomes the economic giant now. We watch cautiously at the resistance and see what is next for the USD. We stay out of the market for now or we use tight stop losses to control and breakouts if there is. We maintain sell for the USD for “Pullback Trades”.


  1. 10.00am – China data disappoints the market; USD stays firm after the news of GDP <6.6%.
  2. 2.30pm – Kuroda – BOJ speaks – we are expecting the JPY to be back as a safe haven.
  3. 4.00pm – Be ready for volatility for EUR Pairs as EUR releases Current account. Expect to be good.
  4. 8.30pm – Canada back in the spotlight as they release their CPI & Core Retails Sales – both data is expected to be weak. Be cautious if you are Selling USDCAD.
  5. 10.00pm – US will release their home sales – which is a leading indicator for FED. Expected to be good.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.


1 Comment
  1. stornobrzinol 7 months ago

    Wow, incredible blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your site is magnificent, as well as the content!

Leave a reply

Your email address will not be published. Required fields are marked *



We're not around right now. But you can send us an email and we'll get back to you, asap.


FINWAZE makes no representations or warranties, express or implied, in relation to this website ( or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2022 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?