China Nov data dump: Industrial production a beat, Retail sales meet estimates

China’s Nov retail sales YoY, the number came in at +10.2 vs 10.2% exp and 10.0% last, with industrial output YoY at 6.1% and 6.0% exp and 6.2% last. Meanwhile, urban investment YoY stood at +7.2% vs 7.2% expected and 7.3% last. 

The slight improvement seen in the data added to the upside in the Australian Dollar, keeping the AUD/USD pair near five-week highs of 0.7673, while AUD/JPY traders firmer near 86.50 levels.