{"id":172702,"date":"2023-10-12T10:41:56","date_gmt":"2023-10-12T05:11:56","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=172702"},"modified":"2023-10-12T10:41:56","modified_gmt":"2023-10-12T05:11:56","slug":"chinas-q3-gdp-likely-to-top-consensus-standard-chartered-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/chinas-q3-gdp-likely-to-top-consensus-standard-chartered-crypto-news\/","title":{"rendered":"China\u2019s Q3 GDP likely to top consensus \u2013 Standard Chartered &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>In its preview of China\u2019s third-quarter Gross Domestic Product (GDP) data, research analysts at Standard Chartered Market noted that \u201cconsensus may have underestimated China\u2019s Q3 GDP after overestimating Q2 GDP.\u201d<\/p>\n<h2 class=\"fxs_headline_medium\">Additional takeaways<\/h2>\n<p>\u00a0\u201cIn July, Bloomberg\u2019s survey put the Q2 growth forecast at 7.0% y\/y, only to be disappointed by a 6.3% print.\u201d<\/p>\n<p>\u201cWe think the gap can be explained by overly optimistic estimates for services sector growth. For Q3 GDP (to be released on 18 October), the consensus forecast is currently 4.5% y\/y; we think an outcome of around 5% is more likely, based on available data for July and August and consensus estimates for September real activity.\u201d<\/p>\n<p>\u201cWe forecast Q3 growth at 5.1%, among the highest in the Bloomberg survey.\u201d.<\/p>\n<p>\u201cWe see a disconnect between consensus real activity and Q3 GDP forecasts.\u201d\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: In its preview of China\u2019s third-quarter Gross Domestic Product (GDP) data, research analysts at Standard Chartered Market noted that \u201cconsensus may have underestimated China\u2019s Q3 GDP after overestimating Q2 GDP.\u201d Additional takeaways \u00a0\u201cIn July, Bloomberg\u2019s survey put the Q2 growth forecast at 7.0% y\/y, only to be disappointed by a 6.3% print.\u201d \u201cWe think [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,297,246,257,843,656,692,255,250,252,247,253,249,256,254],"class_list":["post-172702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-gdp","tag-growth","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/172702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=172702"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/172702\/revisions"}],"predecessor-version":[{"id":172703,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/172702\/revisions\/172703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/14389"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=172702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=172702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=172702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}