Aussie Spot, Volatility Rise; Iron Ore Gains Amid China Data
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- AUD/USD retesting 0.7563 intraday high, reversing earlier reaction to headline miss in Chinese factory data in view of continued iron ore gains and improving fixed asset investment.
Alert: HALISTER1- China iron ore futures accelerate gain, up 6.0% to 638.5 yuan/MT
- Spot aussie up 0.2% to 0.7557
- Fixed-asset investment rose 8.3% year-to-date vs 8.2% estimate; industrial production rose 6.1% in October vs estimate 6.2% in Bloomberg survey
- AUD/USD 1-month implied volatility rises 0.78 vol to 11.09, highest level since July 8
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283