Bitcoin Forum
June 21, 2018, 03:03:00 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: [2016-01-19] Bitcoin Price Direction Undecided  (Read 132 times)
Hero Member
Offline Offline

Activity: 588
Merit: 500

Keep Calm & Hold Your Bitcoin

View Profile
January 20, 2016, 04:01:16 AM

China GDP and Production data came in close to expectation at 02h00 UTC this morning.

China GDP q/y (actual: 6.8% expected: 6.9% previous: 6.9%)

China Industrial Production y/y (actual: 5.9% expected: 6.0% previous: 6.2%)

Global markets were awaiting the data release with great anticipation, since negative figures from China would have provided the catalyst for selling in the current season of Financial Meltdown glut. But the data (most likely cooked) did not provide the market with an excuse to rout stocks, nor did it send the BTC/CNY exchanges into a buying frenzy, as we’d have expected.

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!