China Fixed Asset Investment (YTD) (YoY) registered at 6.1%, below expectations (6.4%) in April

China April data disappoint: Retail sales rise 7.2%, industrial output arrives at 5.4%

China’s April retail sales YoY, the number arrived at +7.2% vs. +8.6% expected and +8.7% last, with industrial output YoY at +5.4% and +6.5% expected
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Dismal China data pushed AUD/USD to new 4.5-month low

China macroeconomic data released soon before press time missed estimates, sending AUD/USD down to 0.6923, the lowest level since January 3. The consu
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