AUD/USD Little Lower

AUD/USD is trading a little lower Wednesday at 0.7601, down 0.0011. Trading overnight has been active. Australian Westpac consumer confidence was down 3.2 percent versus the previous report of down 1.2 percent. Chinese GDP came out at 7 percent versus 7.3 percent previously. Industrial production data was +5.6 percent versus +6.8 percent previously. Retail sales were +10.2 percent versus 10.7 percent previously. The Chinese National Bureau of Statistics said property sales were down 9.3 percent year-over-year during the first three months versus down 15.8 percent during the first two months. New houses started were down 18.4 percent year-over-year in the first quarter versus a 17.7 percent decline during January-February. On Wednesday, a survey on Australian Housing prices is due at 7:00 p.m. ET. Australian Employment data is due out at 9:30 p.m. ET.