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ForexLive Asia-Pacific FX news wrap: China economic activity data miss expectations

ForexLive Asia-Pacific FX news wrap: China economic activity data miss expectations
Poll shows 62 of 62 analysts expect a 25bp European Central Bank rate hike in June"New Zealand set to reveal bigger deficit in 'no frills' 2023-24 budget"AUD, NZD, CAD, EUR all lower after the disappointing China dataChina April Industrial output 5.6% y/y (expected +10.9%) Retail sales 18.4% y/y (21.0%)AUD/USD little changed after the RBA minutesRBA May meeting minutes: Little room for upside risks to inflationPBOC sets USD/ CNY central rate at 6.9506 (vs. estimate at 6.9500)Australia Westpac Co... Read More
Posted: May 16 2023, 02:58
Author Name: forexlive
Views: 092120

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