China’s Industrial Production
China will publish its April industrial production at 05:00 MT time on May 15.
China is the world’s fastest growing economy, so all Forex traders watch its economic performance. Risk-sensitive currencies will be most affected by the release. If Chinese figures exceed forecast, we expect Australian and New Zealand’s dollars to strengthen. If the release disappoints, it will be a good time for buying the safe havens like Japanese yen and Swiss franc.