China’s July data dump: Downbeat across all indicators (Aussie hits lows)

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% l
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AUD/USD declines after downbeat Chinese activity numbers

Having offered a muted response to quarterly wage data, the AUD/USD pair slumped to the intra-day low of 0.6777 after China’s key activity data disappointed.
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