China data dump: Upbeat across all indicators

China's YoY GDP figures for the second quarter of 2017 came at +6.9% vs +6.8% exp and 6.9% previous, with the QoQ reading for Q2 coming in at +1.7% vs +1.7% exp and +1.3% last. 

With regards to retail sales YoY, the number was in +11% vs 10.6% exp and 10.7% last, with industrial output YoY at 7.6% and 6.5% exp and 6.5% last. Meanwhile, urban investment YoY stood at +8.6% vs 8.5% expected and 8.6% last. 

The solid data served had little impact on the Australian Dollar, keeping the AUD/USD pair near daily lows of 0.7811, with AUD/JPY is seen defending 88 handle.

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