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Breaking Posted 1 hour ago

China June retail sales rise 1.0% YoY, beat -0.1% forecast

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China's June retail sales grew 1.0% year-on-year, reversing forecasts of -0.1% decline and signaling resilience in domestic consumption. The beat supports CNY strength narratives, though USD positioning remains crowded ahead of US CPI Tuesday. Traders should monitor if data sustains yuan momentum or fades amid tech earnings focus.
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1 hour ago

China June retail sales YTD growth slows to 1.3%

China's June year-to-date retail sales growth came in at 1.3%, down from 1.4% prior and beating the 1.2% estimate. The slowdown signals softening domestic consumption amid economic headwinds. USD/CNH and AUD/USD traders will monitor China growth data as a key risk factor, though immediate FX reaction depends on broader risk sentiment and Fed rate-path repricing dominating current market attention.

https://x.com/FirstSquawk/status/2077212210326360132
1 hour ago

China June retail sales beat estimates at 1% YoY

China's June retail sales printed 1% YoY, beating estimates of -0.1% and rebounding from -0.6% in May. The surprise beat signals improving domestic demand and supports CNY strength. USD/CNY traders should monitor this data point as evidence of Chinese economic resilience amid Fed rate-path repricing concerns.

https://x.com/FirstSquawk/status/2077212193880478006
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