More Chinese Stimulus on the Way?: With Chinese GDP coming in at an expected 6.9%, the emerging economy officially grew at the slowest pace since 1990. That is a 25 year low and opens up fresh expectations of new rounds of economic stimulus from the PBOC. AUD/USD initially dropped on the headline, but soon realised that when you’re dealing with a planned economy like China, there is no such thing as a growth concern. With fresh stimulus surely not far away, the Aussie got a kick and
↧