China’s May Retail Sales YoY, arrived at -6.7% vs. -7.1% expected and -11.1% previous while Industrial Production YoY came in at 0.7% and -0.7% estimated and -2.9% prior.
Meanwhile, the Fixed Asset Investment YoY rises to 6.2% vs 6.0% expected and 6.8% last.
China May nationwide survey-based jobless rate at 5.9%.
China May survey-based jobless rate in 31 major cities at 6.9%.
China’s economy created 5.29 mln new urban jobs in Jan-May.
The Australian dollar remains uninspired by the big beat on the Chinese data. The AUD/USD pair is holding onto its latest recovery gains near 0.6915, adding 0.66% so far.