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China Fixed Asset Investment (YTD) (YoY) came in at -0.5% below forecasts (0.2%) in September

Moody’s Analytics forecasts that China’s economic data, due for release at the top of the hour, will show a significant deceleration in growth. The firm anticipates GDP growth will slow sharply to 4.2% year-on-year, down from 5.2% in the second quarter.

Further weakening is expected in domestic demand, with retail sales growth forecast to ease to 3%. This slowdown is partially attributed to a less favourable base effect due to the timing of the Mid-Autumn Festival.

Additionally, industrial production is expected to be weak because of ongoing overcapacity issues, and fixed-asset investment growth probably slowed, primarily weighed down by heightened tensions between the US and China.

This article was written by Eamonn Sheridan at investinglive.com.

more to come

China New Home Prices -0.41% m/m, fastest fall in 11 months

• prior –0.30%
• y/y -2.2% (prior -2.5%)

Used Home Prices -0.64% m/m

• prior –0.58%
• -3.2% y/y (prior -3.5%)

Home prices in 70 major cities in China fell m/m.

The property crisis in China has been ongoing for multiple years. Its continuing to weigh heavily on growth and consumer confidence.

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More data from China is due at the top of the hour:

• Economic calendar in Asia Monday, October 20, 2025: NZ CPI, China data, PBOC rate setting

This article was written by Eamonn Sheridan at investinglive.com.

China House Price Index increased to -2.2% in September from previous -2.5%

EUR/USD struggles for the second successive session, trading around 1.1660 during the Asian hours on Monday.

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0973 compared to Friday’s fix of 7.0949 and 7.1318 Reuters estimate.

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently at +/- 2%.

The previous close was 7.1277

PBoC injects CNY 189bln via 7-day reverse repos, rate at unchanged 1.40%

• the net drain today is 64.8bn yuan

This article was written by Eamonn Sheridan at investinglive.com.

The GBP/USD pair kicks off the new week on a subdued note following Friday’s good two-way price swings and holds steady above the 1.3400 round figure during the Asian session.

The People’s Bank of China (PBOC), China’s central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.