Fundamental Analysis
Posted 2 hours ago
China CPI hits 6-month low; reflation momentum fades
China's July CPI cooled to a six-month low with three consecutive months of negative month-on-month pricing, while PPI also decelerated. Persistent food and rental deflation pressure suggests reflation trend may be losing traction. USD/CNH and Asia FX pairs sensitive to China growth outlook.
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2 hours ago
USD/CNY: Weakening Inflation Data Signals Potential Yuan Weakness
China's July CPI missed expectations at 0.5% y/y versus 0.8% consensus, with monthly CPI declining to -0.1% m/m. Goods prices weakened significantly while services remained resilient. This deflationary backdrop pressures the yuan and supports USD/CNY upside. Watch for PBOC policy response and USD/CNY break above key resistance levels as traders reassess rate differentials.
https://www.actionforex.com/live-comments/650089-china-inflation-misses-at-0-5-in-july-as-goods-prices-weaken-services-hold-up/New to MyTradingLand?
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