China’s retail sales for August has come in at +15.4% yr/yr. Expectation was for +15.3

August CPI -1.2% yr/yr. Forecast was -1.3%.

August PPI -7.9% yr/yr. Forecast was for a reading of -8%.

Industrial output +12.3% yr/yr. Forecast was +12%.

Urban fixed asset investments +33% in period from Jan – Aug.

Number are all a touch better than expected, “risk” has been bought. AUDUSD has jumped from 8615 to 8535. USDJPY 10 pips lower and EURUSD up 10 pips.