China’s growth data to set tone for emerging markets

Bloomberg

If the resilience of emerging markets to rising interest rates is all about the growth outlook, then data from China this week will be key.
The country, the world’s biggest emerging market, releases gross domestic product statistics. Less than a week after Angola abandoned its dollar peg, another African nation—
Morocco —is due to make good on a promise it made several years ago to relax its currency regime. And central bankers in South Korea, South Africa, Turkey and Indonesia are due to hold policy meetings, though none are forecast to change rates.
China is scheduled to release its fourth-quarter and full-year economic data on January 18. A Bloomberg survey of economists sees a 6.7 percent increase in the quarter through December 2017 from 6.8 percent in the prior period.