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The Asian trading session was dominated by a risk-on rally amid China’s economic data came in better than expected. Chinese y/y real GDP (4Q) increased by 7.9% (vs. 7.8% exp. & 7.4% prev), the real year-to-date GDP came up to 7.8% (vs.7.7% expected & previous), December y/y Industrial production advanced to 10.3% (vs. 10.1% prev), while December y/y retail sales surged to 15.2% (vs…. |