‘Interesting’ names have been buying AUD this morning ahead of the Chinese data, which as usual is expected to come in on expectations. Apologies for my cynicism, but it’s always a mystery to me how an economy the size of China can come up with some accurate economic data so quickly. It seems more a case of finding out what the market expects and then releasing a number somewhere close to that. Regardless of that, the Asian market seems to be setting itself for some risk-on sentiment after the number, which is due in 30 minutes.