Following the publication of the high-impact China’s activity data for November, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.
Key quotes (via Reuters)
Economy generally stable in Nov, sees increasing positive changes.
Trend of recovery in consumption has not changed.
developing story ….
Market reaction
AUD/USD is holding gains above 0.6350, up 0.16% on the day, at the press time.
Source: https://www.fxstreet.com/news/chinas-nbs-economy-generally-stable-in-nov-sees-increasing-positive-changes-202412160207