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- China’s NBS: Economy recovery foundation still needs to be consolidated
China’s NBS: Economy recovery foundation still needs to be consolidated
Following the publication of the high-impact China’s growth and activity data for May, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.
Key quotes (via Reuters)
China's economy operation generally steady in H1.
China H1 GDP +5.0% YoY.
External environment complex and external demand still not sufficient.
Economy recovery foundation still needs to be consolidated.
developing story ...
Market reaction
AUD/USD is holding losses near 0.6760, down 0.19% on the day, at the press time.
Australian Dollar PRICE Today
The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.19% | 0.17% | -0.02% | 0.07% | 0.21% | 0.25% | 0.17% | |
| EUR | -0.19% | 0.02% | 0.00% | 0.07% | 0.05% | 0.24% | 0.18% | |
| GBP | -0.17% | -0.02% | 0.06% | 0.05% | 0.04% | 0.18% | 0.17% | |
| JPY | 0.02% | 0.00% | -0.06% | 0.09% | 0.00% | 0.23% | 0.01% | |
| CAD | -0.07% | -0.07% | -0.05% | -0.09% | 0.07% | 0.18% | 0.11% | |
| AUD | -0.21% | -0.05% | -0.04% | -0.01% | -0.07% | 0.19% | 0.13% | |
| NZD | -0.25% | -0.24% | -0.18% | -0.23% | -0.18% | -0.19% | -0.07% | |
| CHF | -0.17% | -0.18% | -0.17% | -0.01% | -0.11% | -0.13% | 0.07% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).
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