China’s latest industrial production, retail sales, and fixed asset investment figures will hit the markets early on Friday, at 0200 GMT. Forecasts point to an acceleration in the latter two, which may alleviate some worries around a slowdown in economic growth, and potentially help the yuan and the “China-sensitive” aussie to recover some ground. In the bigger picture, the most crucial variable for both currencies may be how US-China trade talks evolve. The Chinese economy has slowed somewhat in recent quarters, generating concerns that the trade standoff with the US is already impacting growth; worries that Chinese ... (full story)