China Q3 GDP y/y a tad weaker, but meets estimates

China's YoY GDP figures for the third quarter of 2017 came at +6.8% vs +6.8% exp and 6.9% previous, with the QoQ reading for Q3 coming in at +1.7% vs +1.7% exp and +1.7% last. 

With regard to retail sales YoY, the number was in +10.3 vs 10.2% exp and 10.1% last, with industrial output YoY at 6.6% and 6.2% exp and 6.0% last. Meanwhile, urban investment YoY stood at +7.5% vs 7.7% expected and 7.8% last. 

The mixed data had a negative impact on the Australian Dollar, knocking-off the AUD/USD pair back to test 0.7850, while AUD/JPY retraced to 88.71 levels.

China Gross Domestic Product (YoY) meets forecasts (6.8%) in 3Q

China Gross Domestic Product (YoY) meets forecasts (6.8%) in 3Q
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AUD/USD trims gains despite upbeat China data

A better-than-expected China industrial production and retail sales number has failed to boost the appetite for the Aussie dollar. AUD/USD retreated
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