I posted the Chinese data here
and noted the huge beat in:
- July New yuan loans 1.48 trln yuan (Reuters poll for the expected was at 738.0 bln yuan)
Nearly double the expected.
The AUD has been an immediate beneficiary, attracting bids in to give it a bit of a pop and taking out some stops above 25 and 30 in the process:
Sellers from here through to 50
