RTRS Poll: China’s GDP forecast seen at 6.5% in 2017

According to the latest Reuters poll on the Chinese growth outlook, China’s GDP growth is seen losing steam in 2017.

Key findings from the survey:

2017 China GDP forecast eases to 6.5% (unchanged from Jan forecast, actual 2016 GDP at 6.7%)

2018 6.2%

2017 CPI 2.1% vs 2.2% prev

2018 2.3% vs 2.2% prev

PBOC to keep benchmark rates steady through Q3 2018 at least

PBOC now expected to cut banks' RRR by 50bps in Q4 2017 vs Q3 2017 prev

GBP/USD breaks higher above 1.2800 as USD slips, Carney in focus

The GBP/USD pair extends its bounce from 1.2770 region and regains 1.28 handle, as we progress towards the European opening bells. The renewed buying
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US Dollar depressed near 99.60

The greenback, measured by the US Dollar Index, is trading on the defensive so far on Thursday, hovering over the 99.60 area, close to daily lows. US
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