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China’s NBS: Economy generally stable in Nov, sees increasing positive changes

Following the publication of the high-impact China’s activity data for November, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.

Key quotes (via Reuters)

Economy generally stable in nov, sees increasing positive changes.

 

developing story ....

Market reaction

AUD/USD is holding gains above 0.6350, up 0.16% on the day, at the press time.

 

Australian Dollar remains steady following the release of Chinese key data

The Australian Dollar (AUD) halts its four-day losing streak on Monday as the US Dollar (USD) edges lower amid tepid US Treasury yields ahead of the Federal Reserve’s (Fed) interest rate decision set for Wednesday.
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