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AUD/USD drops to 0.7170, risk-off intensifies as Asian stocks plunge

The AUD/USD pair accelerated to the downside and now mires near fresh session lows, having breached the key support at 0.7180 levels.
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China's good economic fundamentals haven't change – NDRC’s Xu Shaoshi

Xu Shaoshi, head of the National Development and Reform Commission (NDRC), the powerful economic planner, said there are increasingly positive signs in the economy, noting strong consumption and rebounding industrial output in August as well as clear recoveries in electricity production and railway transportation.
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