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China's retail sales to 10.9%

ArgusFX

China

China's retail sales climbed from 10.8% to 10.9%. The economists estimated declination to 10.7%.

China's IP lower to 6.0%

The Chinese industrial production dropped from 6.2% to 6.0%. The analysts predicted the nation's IP to fall to 6.1%.

China's GDP escalated from 6.7% to 6.8%, whereas the forecasts stated for stabilization at 6.7%.

The nation's fixed asset investment dropped from 8.3% to 8.1%. The analysts and the economists estimated stability at 8.3%.

Germany

Germany's producer price inflation climbed from 0.3% to 0.4%. The economists predicted that the PPI would rise 0.4%.

Gold

In the New York Mercantile Exchange on the Comex division, gold for February delivery traded at $1,206.15, rising 0.40%.

Copper futures traded to $2.595 a pound, dropping 0.59%, and silver futures traded at $16.998 a troy ounce, declining 0.02%.

U.S. dollar

Janet Yellen's monetary policy comments forced the U.S. dollar lower.

The U.S. dollar index traded at 100.89, falling 0.21%.

Australian and U.S. dollar

The AUD/USD pair traded 0.29% higher at 0.7583, whereas the USD/JPY dropped 0.26% to 114.56.

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ArgusFX Review

Source: https://www.argusfx.com/en/research-education/market-analysis/news/china-s-retail-sales-to-10.9
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