{"id":48356,"date":"2014-03-12T12:46:07","date_gmt":"2014-03-12T16:46:07","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=48356"},"modified":"2014-03-11T10:46:47","modified_gmt":"2014-03-11T14:46:47","slug":"trade-strategies-chinas-february-industrial-production-retails-sales-reports","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/12\/trade-strategies-chinas-february-industrial-production-retails-sales-reports\/","title":{"rendered":"Trade strategies for China\u2019s February industrial production, retails sales reports"},"content":{"rendered":"<p>Thursday will see the release of important data from China. As China is the largest consumer of platinum, palladium, copper and many other commodities, a decrease in industrial production will see commodity prices decrease. Analysts forecast a bullish figure for industrial production. In January, production grew at 9.% compared to 9.7% the same January of the previous year. For retail sales, the median projection is a slight increase from the year before to approximately 13.5%. Buying around 6.0700 should prove to be a solid strategy with stops placed at 6.0500 with a target at 6.1540. A deep correction may also be likely in the near future, thus showing the double bottom support.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"usdcny chart\" src=\"http:\/\/www.economiccalendar.com\/wp-content\/uploads\/2014\/03\/usdcny-daily.jpg\" width=\"558\" height=\"222\" \/><br \/>\nWritten by Daniel Elo, analyst for <a title=\"http:\/\/www.economiccalendar.com\/\" href=\"http:\/\/www.economiccalendar.com\/\">www.EconomicCalendar.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday will see the release of important data from China. As China is the largest consumer of platinum, palladium, copper and many other commodities, a decrease in industrial production will see commodity prices decrease. Analysts forecast a bullish figure for industrial production. In January, production grew at 9.% compared to 9.7% the same January of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/12\/trade-strategies-chinas-february-industrial-production-retails-sales-reports\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Trade strategies for China\u2019s February industrial production, retails sales reports&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-48356","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=48356"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48356\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}