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12 Aug 2016
China's data dump slightly softer in july
China's industrial production for July y/y came at 6% vs 6.1% expected and 6.2%. Meanwhile, retail sales y/y stood at 10.2% vs 10.5% expected and 10.6% last. China's fixed asset investment (excuding rural) YTD came at 8.1% vs 8.9% exp and 9% last. The data, overall, is a negative input for the Aussie.