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China’s October Retail Sales beat estimates, Industrial Production disappoints

China’s October Retail Sales increased 4.8% YoY vs. 3.8% expected and 3.2% in September, while the country’s Industrial Production rose 5.3% YoY in the same period vs. 5.6% estimated and 5.4% registered previously.

Meanwhile, the Fixed Asset Investment came in at 3.4% YTD YoY in October, matching the expected 3.5% print. The September reading was 3.4%.

China’s National Bureau of Statistics (NBS) released the official data on Friday.

China Retail Sales (YoY) above forecasts (3.8%) in October: Actual (4.8%)

China Retail Sales (YoY) above forecasts (3.8%) in October: Actual (4.8%)
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Japan’s Kato: Will take appropriate action vs. excessive FX moves

Japan’s Finance Minister Katsunobu Kato on Friday that he “will take appropriate action vs.
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