Industrial Production YTD y/y (CNY) comes in at 5.4% - ForexCracked
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Event recap CNY

Industrial Production YTD y/y (CNY) comes in at 5.4%

Published Jul 15, 02:31 UTC
Impact
4/ 10, low

China’s Industrial Production Year to Date year over year was reported at 5.4 percent. This figure matches the previous reading of 5.4 percent. No consensus estimate was available for this release.

The USDCNH pair moved -3.7 pips in the 5 minutes immediately following the release. The pair then moved +14 pips in the 15 minutes after the release. For context, the median 1-hour move for USDCNH after past releases of this type has been 12 pips. Releases in the top quarter of historical moves have seen shifts of 12 pips or more. This historical context is drawn from a limited sample of one release since 2015. Directional reliability statistics are not yet available for this event, as fewer than eight live-captured releases with consensus have occurred.

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