China’s November Retail Sales rise 1.3%, Industrial Production up 4.8%
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China’s Retail Sales rose 1.3% year-over-year (YoY) in November vs. 2.9% expected and 2.9% in October, the latest data released by the National Bureau of Statistics (NBS) showed Monday. Chinese Industrial Production increased 4.8% YoY in the same period, compared to the 5.0% forecast and 4.9% seen previously. Meanwhile, the Fixed Asset Investment came in at -2.6% year-to-date (YTD) YoY in November, missed the expected -2.3% figure. The October reading was -1.7%. AUD/USD reaction to Chinese data The downbeat Chinese data dump have little to no impact on the Australian Dollar (AUD). At the time of writing, the AUD/USD pair is trading 0.03% higher on the day at 0.6653. Australian Dollar Price This week The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies this week. Australian Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.03% 0.05% -0.16% -0.07% -0.11% -0.04% -0.05% EUR 0.03% 0.09% -0.15% -0.05% -0.06% -0.01% -0.02% GBP -0.05% -0.09% -0.10% -0.13% -0.15% -0.10% -0.11% JPY 0.16% 0.15% 0.10% 0.10% 0.06% 0.10% 0.32% CAD 0.07% 0.05% 0.13% -0.10% -0.03% 0.03% 0.17% AUD 0.11% 0.06% 0.15% -0.06% 0.03% 0.05% 0.04% NZD 0.04% 0.01% 0.10% -0.10% -0.03% -0.05% -0.01% CHF 0.05% 0.02% 0.11% -0.32% -0.17% -0.04% 0.00% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote). This section was published on Monday at 0:00 GMT as a preview of China’s Retail Sales, Industrial Production data. China Retail Sales, Industrial Production Overview The National Bureau…
