China’s July retail sales YoY, the number arrived at +7.6% vs. +8.6% exp and +9.8% last, with industrial output YoY at +4.8% and +5.8% exp and +6.3% last.
Meanwhile, urban investment YoY stood at +5.7% vs. +5.8% expected and +5.8% last.
The downbeat data served had a negative impact on the Australian Dollar, driving the AUD/USD pair to fresh daily lows of 0.6780.
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