China's economy may dominate global market considerations from the start of the week onward. The country releases Q3 GDP growth into the Asian market open on Monday. Obviously markets trade on it, but the aftermath will bring out the usual cacophony of critics who say the figures are not to be trusted. Every country's GDP figures are best interpreted with a pile of salt. Witness the evolution of US quarterly growth prints from the initial to fully revised estimates that can deviate several percentage points from one another.
Regardless, consensus thinks China's Q3 growth print slowed to 6.8% y/y from 7% in each of the first two quarters of this year. The highest estimate is 6.9% and the lowest is 6.4% at the time of writing. Recall that ahead of the 7% print for Q2, consensus had also incorrectly thought growth slowed to 6.8%.


Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry
German Industry Employment Falls to Lowest Level in a Decade
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 



