China September activity data
Industrial Production 3.1% y/y
- expected: 4.5%, previous: 5.3%
Retail Sales 4.4% y/y
- expected: 3.3%, previous: 2.5%
Fixed Asset Investment (YTD) 7.3% y/y
- expected: 7.9%. previous: 8.9%
- YTD property investment is +8.8% y/y, infrastructure investment +1.5% y/y
Unemployment rate in September 4.9% vs. 5.1% expected and prior of 5.1%
While data is coming out coal futures are rocketing higher, iron ore still slumping.
This article was originally published by Forexlive.com. Read the original article here.