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China GDP Q1 misses expectations

FXstreet.com (Barcelona) - China Q1 real GDP missed expectations by 0.3 bp, printng +7.7% (YoY) versus 7.9% in 4Q, and below expectations of 8.0%. Retail sales improved marginally (+12.4% on a yearly basis vs +12.6% expected), while industrial production stood at +8.9% v est +10.0%.

China Urban investment (YTD) (YoY) down to 20.9% in Mar from 21.2%

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Forex: AUD/USD hammered on China CPI

Following a possible leak in the China CPI figure, coincident with Gold crashing below the $1450 mark, down -7.7% in last 2 trading days, AUD/USD is also being hammered last at fresh session lows 1.0462, on the back of weaker than expected China CPI data, at +7.7% vs +8% year on year.
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