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Chinese data and further PBoC expected - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Analysts at Brown Brothers Harriman notes yet further Chinese data for this week.

    Key Quotes:

    "China reports October CPI and PPI Tuesday. The former is expected to rise 1.5% y/y, while the latter is expected to fall -5.9% y/y."

    "New money and loan data are expected sometime this week. October retail sales and IP will be reported Wednesday. "

    "The former is expected to rise 10.9% y/y, while the latter is expected to rise 5.8% y/y. Data should in general support the notion that the economy is stabilizing, but we still look for further PBOC easing."
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