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FTSE trades south lead by miners, commodities cheapen on China

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE trades south lead by miners, commodities cheapen on China by Ipek Ozkardeskaya Even Shanghai’s stocks didn’t buy the imminently looser-PBoC story as the consumer price inflation decelerated to 1.3% year-over-year in October from 1.6% a month ago. The producer prices contracted at the stable pace of 5.9%. The factory-gate deflation has been deepening for more than two and a half years now. The economic picture has, for the time, being worsened despite growth supportive monetary and fiscal

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