The Australian dollar extended its recent weakness against other major currencies in the Asian session on Tuesday, after the release of data from the Chinese economy showing that growth in retail demand and production at a slower pace.
China’s economic data for April shows how the jobless rate for the 16-24 age group hit an all-time high, while retail sales and industrial production fell short of expectations last month.
OANDA Senior Market Analyst joins Jonny Hart to discuss the latest GDP, retail sales, industrial production and fixed asset investment data from China, UK jobs