Moody’s: Increasingly difficult for Chinese policy objectives to be achieved

Headlines from Moody’s crossed the wires earlier on the day, noting that the three main policy objectives set by the Chinese authorities appear difficult to be achieved.

As per Moody’s, China's policy makers seem to have set three main policy objectives:

Maintaining reasonably high rates of GDP growth,

Reforming and rebalancing the economy,

And ensuring financial and economic -- and thereby social -- stability.

AUD/USD dumped on awful China trade, 0.7400 eyed?

The selling pressure behind the AUD intensified following the release of poor Chinese trade data, knocking-off AUD/USD to fresh session lows.
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Asian stocks dive on poor economic data, risk-off

The stocks on the Asian bourses were hit by a renewed bout of risk-aversion this Tuesday, after a poor set of economic news from Japan and China dampened investors’ sentiment and fell sharply to fresh three-week lows.
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