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China’s NBS: Economy remains resilient but external environment becoming more complex and severe

Following the publication of the high-impact China’s February activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.

Key quotes (via Reuters)

China’s economy remains resilient but external environment becoming more complex and severe.

 

developing story ...

Market reaction

AUD/USD is holding mild gains above 0.6300, up 0.13% on the day, at the press time.

Australian Dollar PRICE Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Canadian Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.04% 0.00% -0.07% -0.04% -0.00% -0.24% -0.08%
EUR 0.04%   -0.07% -0.40% 0.00% -0.10% -0.21% -0.07%
GBP -0.01% 0.07%   -0.06% -0.14% -0.04% -0.15% -0.06%
JPY 0.07% 0.40% 0.06%   0.03% -0.15% -0.12% -0.15%
CAD 0.04% -0.00% 0.14% -0.03%   -0.16% -0.19% -0.59%
AUD 0.00% 0.10% 0.04% 0.15% 0.16%   -0.08% 0.05%
NZD 0.24% 0.21% 0.15% 0.12% 0.19% 0.08%   0.14%
CHF 0.08% 0.07% 0.06% 0.15% 0.59% -0.05% -0.14%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

 

Australian Dollar holds gains following China’s economic figures

The Australian Dollar (AUD) remains steady against the US Dollar (USD) following the release of China’s economic data on Monday.
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USD/INR weakens ahead of Indian WPI inflation, US Retail Sales data

The Indian Rupee (INR) strengthens on Monday. The concerns about slowing growth in the US economy from US President Donald Trump administration's trade policies weigh on the Greenback and provide some support to the INR.
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