On Thursday in China were rate cuts:
Inflation rates are no impediment to policy easing in China if the PBOC choose that path. indeed the cuts yesterday rekindled speculation of further easing:
Today we get the latest official CPI and PPI readings. These are expected to show very subdued inflation at both levels. There is often discontent at the veracity of official Chinese data. This is the subject of a whole other discussion though.
-
This
snapshot from the ForexLive economic data calendar, access
it here. -
The
times in the left-most column are GMT. -
The
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.