China’s NBS: Economic recovery still faces many difficulties and challenges

Following the publication of the high-impact China’s activity data for May, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.

Key quotes (via Reuters)

China's economic operations generally steady, some main indicators showed recovery in May.

developing story ....

Market reaction

AUD/USD is battling 0.6600, down 0.16% on the day, at the press time.

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 US Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.04% 0.03% 0.08% -0.03% 0.18% 0.07% 0.02%
EUR -0.04%   0.02% 0.07% -0.06% 0.06% 0.08% -0.02%
GBP -0.03% -0.02%   0.12% -0.07% 0.02% 0.02% -0.01%
JPY -0.08% -0.07% -0.12%   0.00% 0.11% 0.13% 0.00%
CAD 0.03% 0.06% 0.07% -0.01%   0.15% 0.09% 0.06%
AUD -0.18% -0.06% -0.02% -0.11% -0.15%   0.07% -0.03%
NZD -0.07% -0.08% -0.02% -0.13% -0.09% -0.07%   -0.03%
CHF -0.02% 0.02% 0.00% -0.00% -0.06% 0.03% 0.03%  

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).

 

China’s May Retail Sales rose 3.7%, Industrial Production up 5.6%

China’s May Retail Sales, rose 3.7% YoY vs. 3.0% expected and April’s 2.3% while the country’s Industrial Production increased 5.6% YoY in the same period vs.
আরও পড়ুন Previous

NZD/USD maintains its offered tone near 0.6130-0.6125 area after mixed Chinese macro data

The NZD/USD pair opens with a modest bearish gap on the first day of a new week, albeit managing to hold its neck above the 0.6100 mark through the Asian session.
আরও পড়ুন Next