• China’s NBS: Economic operations still within reasonable range in Q1

Market news

18 April 2022

China’s NBS: Economic operations still within reasonable range in Q1

Following the release of the March activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their take on the economy.

Key headlines

Domestic and international uncertainties increasing.

Economy faces many challenges and difficulties.

Market reaction

AUD/USD is testing lows near 0.7380 on the mixed Chinese data dump and NBS comments. The pair is losing 0.22% on the day, as it currently trades at 0.7379.

  • AUD/USD pressing the 0.7380s after China data dump

  • Gold Price Forecast: XAU/USD softer as US dollar firms in Tokyo

Currencies. Daily history for Monday, April 18, 2022
Stocks. Daily history for Friday, April 15, 2022
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