Good indicators support cyclical currencies. EU summit looks like a flop

Review: The Chinese economic indicators released overnight (GDP, industrial production and retail sales) turned out generally to be above or in line with expectations. Chinese equities have increased by about 1% this morning and Japanese equities by no less than 2% despite the fact that US equities only close up marginally yesterday.

See more here: 
Good indicators support cyclical currencies. EU summit looks like a flop