Chinese Data Comes in Strong: AUD Flat
China has released a swarm of data and for the most part, it has been better than anticipated.
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Last updated: Friday, September 14, 2018
China has released a swarm of data and for the most part, it has been better than anticipated.
Retail Sales were better at 9.0% vs 8.0% expected.
While Industrial Production was slightly higher at 6.1% vs 6.0%.
Not a huge reaction in the AUD/USD, which is flat on the day.
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ABOUT THE AUTHOR
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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