0.6%: China’s Retail Sales miss expectations in July

The post 0.6%: China’s Retail Sales miss expectations in July appeared on BitcoinEthereumNews.com.

China’s Retail Sales rose 0.6% year-over-year (YoY) in July vs. A rise of 1.5% expected and a 1.0% growth in June, the latest data released by the National Bureau of Statistics (NBS) showed Monday. Chinese Industrial Production climbed 4.5% YoY in the same period, compared to the 5.0% forecast and 5.3% seen previously. Meanwhile, the Fixed Asset Investment came in at -6.7% year-to-date (YTD) YoY in July, weaker than the expected decrease of 6.2%. The June reading was a decline of 5.7%. Market reaction   The downbeat Chinese data have little to no impact on the China-proxy Australian Dollar (AUD). At the time of writing, the AUD/USD pair is trading 0.53% higher on the day at 0.7120. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.22% -0.16% -0.21% -0.11% -0.53% -0.50% -0.30% EUR 0.22% 0.04% 0.02% 0.09% -0.28% -0.29% -0.07% GBP 0.16% -0.04% -0.02% 0.05% -0.31% -0.34% -0.12% JPY 0.21% -0.02% 0.02% 0.10% -0.31% -0.29% -0.06% CAD 0.11% -0.09% -0.05% -0.10% -0.41% -0.39% -0.18% AUD 0.53% 0.28% 0.31% 0.31% 0.41% 0.00% 0.19% NZD 0.50% 0.29% 0.34% 0.29% 0.39% -0.01% 0.23% CHF 0.30% 0.07% 0.12% 0.06% 0.18% -0.19% -0.23% 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). Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set…

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