By John Noonan — May 15 - 10:10 PM
China April retail sales and IP came in below expectations nB9N36V019
AUD/USD has eased to the session low below 0.6685 after the data
Market was expecting a bigger jump in China activity due to low base effect
The weaker than expected numbers will likely weigh on commodity prices
AUD/USD below 21-day MA at 0.6691 with next support at Friday's 0.6636 low
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Source:
Refinitiv IFR Research/Market Commentary