# AUD: Made in China – Commerzbank

> Since July 12 the Australian dollar has lost about 3.5% against the USD, according to Commerzbank analysis. The weakness is attributed to China headwinds, including weak economic data, a disappointing Third Plenum, and no stimulus after expectations for the July Politburo meeting.

- Date: 2024-07-30 · published 2024-07-30T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/29540-aud-made-in-china-commerzbank
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Weak Chinese growth expectations reduce demand for industrial metals and Australian exports, a bearish signal for commodities tied to China's economy and a modest factor for AUD-linked prices.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-made-in-china-commerzbank-202407301409

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.