Chinese Data Comes in Strong: AUD Flat
Rowan Crosby • 1 min read
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.