AUD/USD flows: Mixed Chinese Data Undermines Regional Equities

We have a slate of Chinese data on Tuesday where we see Q2 GDP beats estimate but remain below Q1. Retail sales are disappointing with industrial production stays supported. Chinese equites are undermined while regional equities are in the green. U.S. major equity indexes, especially NASDAQ, have been driven higher on news that NVidia will be allowed to sell a certain type of chip to China.

AUD/USD is trading unchanged at 0.6545.