Not so cheerful over Chinese inflation numbers
Feb 18, 2016 07:28 am UTC| Commentary
News media across the globe today, washed with optimism that Chinese inflation number improves. Some points out producer price inflation had its best reading since last June. Even financial markets cheered the...
China’s CPI likely rose in January on higher food prices
Feb 17, 2016 09:12 am UTC| Commentary
Chinas January CPI is expected to have risen to 1.8% y/y, as compared with 1.6% y/y in December. This is mainly due to rise in food prices before the Chinese New Year. The festival period in 2016 comes earlier than in...
Weak Jan China trade data highlights sluggish demand and growth momentum
Feb 15, 2016 14:32 pm UTC| Commentary Economy
Chinas trade balance for January 2016 came in at CNY 406.2bn vs +389.01bn expected, but details showed a collapse in exports/imports. Exports contracted by -11.2% y/y (Dec 2015: -1.4%), the largest decline since March...
Corruption charges fail to faze Chinese investors
Feb 15, 2016 00:23 am UTC| Insights & Views Politics Law
In 2014 alone, more than 70 top executives of Chinas state owned enterprises (SOEs) were investigated for corruption, as part of Chinas anti-corruption campaign. If this happened in western economies, corruption...
Outflow of Fx reserves continues, and so does PBoC's dilemma
Feb 09, 2016 14:33 pm UTC| Commentary Central Banks
Despite the impressive $ 3.2 trillion PBoCs FX holdings, the speed at which the PBoC once again lost FX reserves in January is quite alarming. Since top levels reached in the summer of 2014, 19% of the PBoCs reserves have...
Chinese economy growth, commodity prices continue to drive FX markets
Feb 09, 2016 11:54 am UTC| Commentary Economy
A couple of weeks back, the yen longs rose to their highest levels since February 2012, however, they dropped back to their mid- January levels, after the BoJ surprised the market with its rate cut. The USD long levels...
China aggregate financing likely to show big gains
Feb 08, 2016 14:56 pm UTC| Commentary Central Banks
China is likely to releases aggregate financing figures sometime over the course of this week or perhaps into early the following week. We can expect the value of new yuan-denominated loans issued to consumers and...
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