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Zero Hedge 09/15/2019 22:14
Yuan Extends Losses After China Macro Data Disappoints. China's yuan extended its early losses, testing down to the fix after headline economic data disappointed across the board. Industrial Production rose just 5.6% YTD YoY (below the +5.7% exp and down from +5.8% prior). Retail Sales rose just 7.5% YoY (below the +7.9% exp and down from +7.6% prior). Fixed Asset Investments rose just 5.5% YTD YoY (below the +5.7% exp and down from +5.7% prior). Property Investment rose just 10.5% YTD YoY (down from +10.6% prior). All of tonight's data missed expectations with only the unemployment rate improving very modestly (falling from 5.3% to 5.2%). Source: Bloomberg. Which sent yuan lower...
At its annual September event, Apple introduced three new smartphones models: the iPhone 11, 11 Pro, and 11 Pro Max with enhanced chipsets, richer screens, and longer battery life. It also introduced a new Apple Watch, iPad, a dedicated iPad OS, iOS13 and a variety of other consumer services. Enterprise announcements were conspicuous by their absence, but that doesn’t mean that Apple hasn’t been busy improving its B2B approach. This blog looks at Apple's announcements initiatives.

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