China’s July Retail Sales and Industrial Output slide below market forecasts and priors – by anilpanchal7 China IndustrialProduction RetailSales RiskAversion Macroeconomics
remains on the back foot around 0.6480, down 0.10% intraday while fading the previous day’s corrective bounce off the yearly low.China’s National Bureau of Statistics releases the Retail Sales and Industrial Production figures for a month after nearly two weeks from its end.
Generally speaking, high readings of the industrial production growth and Retail Sales may generate a positive sentiment for the CNY , whereas a low reading is seen as negative for the CNY.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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