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.”
(Market News Provided by FXstreet)