China's National Bureau of Statistics has announced a delay in the release of July economic data, including industrial production, retail sales, and fixed asset investment, moving it from the usual morning slot to late afternoon. This unexpected shift in timing could fuel speculation regarding the underlying health of the Chinese economy and potentially signal disappointing figures, impacting risk appetite. Assets most exposed include the CNY, Chinese equities (CSI 300, Hang Seng), and commodity markets sensitive to Chinese demand, as weaker-than-expected data could trigger capital outflows and dampen global growth expectations. Traders will closely monitor the actual data release for specific figures, particularly retail sales and industrial output, to gauge the extent of the economic slowdown and its implications for global markets.
China delays July economic data release to late afternoon slot
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