China’s April data dump: Mixed Retail Sales and Industrial Production numbers – Aussie revisits lows

Dhwani Mehta FXStreet

China’s April Retail Sales YoY, the number arrived at -7.5% vs. -7.0% exp and -15.8% last, with Industrial Output YoY at +3.9% and +1.5% exp and -1.1% last.

Meanwhile, Fixed Asset Investment YoY stood at -10.3% vs. -10.0% expected and -16.1% last.

China’s January-April private sector Fixed Asset Investment stood at -13.3% YoY.

Impact on AUD/USD

The mixed Chinese macro numbers served, had little impact on the aussie dollar, as the AUD/USD pair kept its range around 0.6460, near daily lows of 0.6453.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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