China March Industrial production 8.5% y/y (expected 5.9%)

Author: Eamonn Sheridan | Category: News

China March Industrial production … huge beat 

IFP in March +8.5%, expected +5.9%
YTD IP 6.5%, expected 5.6% 

This is a large beat indeed and is what is driving the China 'proxy' trades higher - AUD getting a big boost, through its session high from earlier and its overnight high. 

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