Chinese GDP comes in as expected

Wonders will never cease at the opposite of our own NumberWang, the Chinese GDP print comes in almost bang on expectations at 6.8% year on year growth, with 1.6% for the fourth quarter of 2015, lower than the expected 1.8%

There’s been a couple of minor revisions to earlier calendar year growth, but nothing to write home about. What’s important to note is that 2015 was the lowest year on year growth since 1990.

From Trading Economics, here’s the longer picture view:

Chinese markets were sanguine on the result, the Aussie dollar had a nervous tick down as did Yen, but not much else.

More to follow including a closer look at industrial production and retail sales prints.