The National Bureau of Statistics of China is set to release key economic data for November at 02:00 GMT. Retail Sales are anticipated to post a 2.9% year-over-year increase, while Industrial Production is projected to rise by 5.0%, slightly up from 4.9% in the previous month. These figures are crucial as they reflect the health of China's economy and can significantly influence market sentiment.
Traders will be closely watching the AUD/USD currency pair, with the Australian dollar often reacting to changes in Chinese economic performance due to Australia's trade ties with China. A stronger-than-expected performance in Retail Sales and Industrial Production could bolster the Aussie, potentially leading to a rise in the exchange rate against the USD. Conversely, disappointing results could weigh on the Australian dollar, creating volatility in trading activities.
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Data Source: FX Killer Analysis Team Updated: 2025-12-15 01:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.