China data dump: Retail sales and industrial production beat estimates

China’s retail sales YoY, came in in +10.7% vs 10.6% exp and 10.7% last, with industrial output YoY at 6.5% and 6.3% exp and 6.5% last. Meanwhile, urban fixed asset investment YoY stood at +8.6% vs 8.8% expected and 8.9% last. 

The mixed data served as a positive input for the Australian Dollar, with the AUD/USD pair flirting with daily tops near 0.7540, with AUD/JPY keeps its range around 83 handle.