China’s Industrial Production

China’s Industrial Production

China’s industrial production will be released at 05:00 MT time on July 17.

The indicator represents as important gauge of China’s economic activity. Market participants pay close attention to Chinese economic performance due to country’s influence on the global economy and investors’ sentiment. Any indications of the nation’s economic slowdown may result in a selloff of the risk-sensitive currencies like the AUD and the NZD. A strong reading, on the contrary, might trigger short positions in the safe-have yen and Swiss franc.

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