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Asian Market Update: China Industrial Production And Slower Retail Sales Indicate Pressure...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Asian equities trading positive following all 3 major US indices closing at record levels, for the first time since 1999. AUD/USD declined near 0.7669, after Australia's 7-yr bond auction indicated weaker demand and rate expectations, which indicates there is belief that the RBA could cut rates further. USD/JPY traded in[​IMG]

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