China: Economic results moderated in March – UOB
Economist at UOB Group Ho Woei Chen, CFA, assesses the latest set of results in
China’s GDP expands 4.8% YoY in Q1 2022 vs. 4.4% expected, AUD/USD uninspired
China's annualized GDP figures for the first quarter of 2022 arrived at % vs. 4.4% expected and 4.0%
AUD/USD plunges to near 0.7350 on a slump in China’s Retail Sales
AUD/USD has slipped sharply below 0.7400 on poor Retail Sales data from China. The 10-year
China’s NBS: Economic operations still within reasonable range in Q1
Following the release of the March activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
US: March retail sales reports still reveals the resilience of consumer spending – Wells Fargo
Data released on Thursday, showed retail sales increased 0.5% in March; February’s numbers were revised
Eurozone Retail Sales rose by 5% YoY in February vs. 4.8% expected
Eurozone Retail Sales rose by 0.3% MoM in February vs. 0.6% expected. Retail Sales in
EUR/USD advances towards 1.0920 ahead of the ECB minutes and EU Retail Sales
EUR/USD is marching towards 1.0920 on optimism of monthly Retail Sales. The ECB minutes will
German Retail Sales rise by 7.0% YoY in February, beat estimates
German Retail Sales arrived at 7.0% YoY in February vs. 6.1% expected. Retail Sales in
AUD/USD climbs above 0.7500 on softer DXY and upbeat Aussie Retail Sales
AUD/USD has settled above 0.7500 as progress on the Moscow-Kyiv peace talks underpins risk-on impulse.
Australian Retail Sales comes in hot, 1.8% vs. 1% expected, AUD bulls snoozing
Australia's Retail Sales for February has been released: Australian Retail Sales (MoM) Feb: 1.8% (est