Other data on Thursday is expected to reinforce the view that China is still in high gear, with growth in industrial output and retail sales seen accelerating while fixed investment may hold at a roughly steady pace.
Its kiwi counterpart slumped to seven - month lows of $ 0.8078 and steadied just off that level even after data showed the New Zealand economy grew at an enviable annual pace of 3.9 percent in the second quarter, roughly in line with expectations.