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Tag Archives: China Producer Price Index

FX Daily, December 09: Euro Chopped Lower before Stabilizing

Swiss Franc EUR/CHF - Euro Swiss Franc, December 09(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge FX Rates The euro has stabilized after extending yesterday’s ECB-driven losses. The euro’s drop yesterday was the largest since the UK referendum to leave the EU. Ahead of the weekend, there may be some room for additional corrective upticks, but they will likely be limited, with the $1.0650...

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Exports fade, but construction continues to prop up Chinese growth

Chinese exports declined in September, but strong construction activity means there is upside risk to our 6.5% growth forecast for 2016. Headline exports for China fell by 10% in September year-over-year (y-o-y), compared with a 2.8% drop in August. This significant downturn was partly due to a high base-year effect. The notable increase in Chinese exports in September 2015 (even after seasonal adjustments) makes the year-over-year comparison particularly unfavourable. In our view, the...

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FX Daily, October 14: Firm Dollar Consolidating, Awaiting US Retail Sales

Swiss Franc  EUR/CHF - Euro Swiss Franc, October 14 2016(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar is firm against most of the major currencies, but within yesterday’s ranges, which seems somewhat fitting amid the light new stream. The high-yielding Australian and New Zealand dollars are resisting the stronger greenback, while on the week the Aussie and the Canadian dollar are the...

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