Chinese data and further PBoC expected – BBH

By FXStreet 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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Source:: FX Street