There is a story printed in today’s HK newspaper, Ming Pao Daily, that the upcoming Chinese May Industrial Output number will show growth of 8.9% yoy. If this is true it will be much greater than the median forecast of 7.6% that the market is expecting and should cause a stir in the currency markets. (Due this Friday).
China’s Industrial Output for May rumoured to be higher than expected
Source: www.forexlive.com
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