# Australia, NZ dollars weighed down by disappointing Chinese data - Business & Finance - Business Recorder

> The Australian and New Zealand dollars fell after August Chinese factory and retail sales growth cooled more than expected. The Aussie traded near $0.7326 and the kiwi near $0.7097. Concern over slowing global growth and a COVID-19 flare-up in Fujian were cited.

- Date: 2021-09-15 · published 2021-09-15T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/45324-australia-nz-dollars-weighed-down-by-disappointing-chinese-data-business-and
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Weaker Chinese demand data points to softer import demand for commodities. The direct effect on feed prices is limited.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40120438

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