I hope this is priced in. If not .... Aussie could move below 0.90. What do You think?
China August factory output up 6.9 percent year-on-year, below expectations
China's industrial output rose 6.9 percent in August from a year earlier, well below market expectations, the National Bureau of Statistics said on Saturday. Fixed-asset investment, an important driver of economic activity, grew 16.5 percent in the first eight months from the same period last year, also lower than forecast, it said. Retail sales climbed 11.9 percent. Economists polled by Reuters had forecast industrial output to rise 8.8 percent and retail sales to rise 12.1 percent. Fixed-asset investment for the January-August period was seen up 16.9 percent. Output grew 9.0 percent in July and retail sales 12.2 ... (full story)