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.


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.

ABOUT THE AUTHOR See More
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.

Related Articles

Comments

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

HFM

Doo Prime

XM

Best Forex Brokers