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Weekly Market Recap (10-14 July)

Monday:China CPI missed expectations coming at 0.0% vs. 0.2% expected for the Y/Y reading and -0.2% vs. 0.0% expected for the M/M figure. Moreover, the PPI Y/Y came at -5.0% vs. -4.6% expected. These figures signal that China is sliding into deflation, and we should see stronger easing measures being adopted soon. Fed’s Barr (hawk - voter) said that inflation is far too high and that they are attentive to bring inflation down to target. He acknowledged that they made a lot of progress on inflati... Read More

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Weekly

Market

Recap

10

14 July

10 14

Forex

Posted: Jul 14 2023, 14:09

Author Name: forexlive

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