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China’s 2017 GDP growth seen higher at 6.8% - Reuters poll

Results of the latest Reuters poll showed that a majority of the economists polled see China’s 2017 GDP higher at 6.8%.

Key Findings:

China's 2017 GDP growth rising to 6.8% vs 6.7% in 2016 and 6.6% prev forecast in July

2018 GDP 6.4% vs 6.3% prev f/c

PBOC seen keeping benchmark interest rates steady at least through Q2 2019

PBOC seen cutting banks RRR 50bps in Q2 2018 vs prev f/c pf Q1 2018

USD/JPY holds weaker below mid-113.00s, downside seems limited

   •  Retreats from 3-month tops on profit taking    •  Prospects for a major US tax overhaul lending support The USD/JPY pair extended previous ses
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AUD/USD retreats from highs, remains capped at 100-DMA barrier

   •  Manages to defend 0.78 handle    •  Upside capped at 100-day SMA    •  Australian CPI in focus The AUD/USD pair gained some positive traction
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