China: Q3 GDP likely to show growth rate slowing

After last week’s market gyrations investors might be hoping for a quiet week but a swath of Chinese data on Tuesday, US inflation figures on Wednesday and flash eurozone purchasing managers' indices on Thursday, as well as a lot of UK data throughout the week, means that such hopes are likely to be frustrated. The most notable release from China will be the estimate of gross domestic product in the third quarter of 2014. The consensus is that the rate of growth will slow from 7.5 per cent year-on-year to 7.2 per cent. Other Chinese releases include retail sales expected to come in slightly weaker in September than October – industrial production and fixed asset investment, both of which are expected to strengthen slightly. The HSBC manufacturing PMI is out on Thursday as well, according to ft.com