I posted a preview of the Reserve Bank of Australia yesterday. The TL;DR is watch the statement:
As for China ... sheesh ... slipping back towards CPI deflation, PPI has been deflating for 26 months in a row:
Still, maybe we'll get something from this ... come back in March for the details (seriously!)
This article was written by Eamonn Sheridan at www.forexlive.com.
As for China ... sheesh ... slipping back towards CPI deflation, PPI has been deflating for 26 months in a row:
- China November CPI +0.2% y/y (expected +0.5%) PPI -2.5% y/y (expected -2.8%)
- China's Inflation Data: November Trends and Projections
Still, maybe we'll get something from this ... come back in March for the details (seriously!)
This article was written by Eamonn Sheridan at www.forexlive.com.