Aussie gives up some revenues on China data

Aussie gives up some revenues on China data

On Thursday, the Australian dollar gave up some earlier revenues because a surprise leap in jobs for August data was compensated with weaker fixed asset investment, industrial output and retail sales figures from key trading partner China.

The currency pair USD/JPY hit 110.47, sliding 0.01%, AUD/USD reached 0.8003, ascending 0.21%.

The U.S. dollar index, gauging the US currency’s value against six major currencies, grew 0.06% reaching 92.45.

China unveiled fixed asset investment for August, which soared 7.8%, versus the 8.2% leap expected on year. Additionally, industrial output grew 6%, versus a 6.6% rally observed on year. Retail sales inched up 10.1% versus a 10.5% jump observed on year.

Australia posted jobs data with the employment change figure leaping by up to 54,200 versus gain of about 15,000 jobs observed for August under a participation rate of nearly 65.3%, which is higher the 65.1% expected, and an unemployment rate stuck to 5.6%.



Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

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