China’s Jan/Feb (combined) retail sales YoY, the
number came in at +9.7 vs 9.8% exp and 10.2% last, with industrial
output YoY at 7.2% and 6.2% exp and 6.6% last. Meanwhile, urban
investment YoY stood at +7.9% vs 7.0% expected and 7.2% last.
A huge beat in the industrial figures boosted the upside in the Australian Dollar, driving the AUD/USD pair to daily highs of 0.7872, while AUD/JPY traders firmer, but capped by the 84 handle.