China’s November retail sales YoY, the number came in at 8.1% vs 8.8% exp and 8.6% last, with industrial output YoY at 5.4% and 5.9% exp and 5.9% last. Meanwhile, urban investment YoY increased to 5.9% vs 5.8% expected and 5.7% last, the latest release by the National Bureau of Statistics (NBS) showed on Friday. Mixed Chinese macro numbers add to the weight on the Australian Dollar, knocking-off the AUD/USD pair to fresh lows near the 0.7185 region and AUD/JPY below 81.50. (full story)

China’s November industrial output grew 5.4 percent from a year earlier and retail sales increased 8.1 percent, missing forecasts, while fixed-asset investment rose slightly more than expected in the first 11 months, official data showed on Friday. Analysts polled by Reuters had predicted industrial output growth would hold steady at 5.9 percent as in October, data released by the National Bureau of Statistics showed. Retail sales were expected to have risen 8.8 percent in November, quickening a little from 8.6 percent in October. In January-November, fixed-asset investment grew 5.9 percent, compared with ... (full story)