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14 Feb 2014
Flash: China data coming up; a slowdown to be reinforced? - Rabobank
FXStreet (Guatemala) - Strategists at Rabobank noted the up and coming data for the calendar for China.
Key Quotes:
"Today we have Chinese PPI and CPI data for January, which are seen down 1.6% and up 2.4% YoY, respectively".
"That trend would suggest that there is still a gradual slowdown underway, as PPI would remain firmly in deflationary territory while CPI would be the lowest since May".
"We may also get key lending data for January, but sadly it’s looking like yet another weekend China release at this point".
Key Quotes:
"Today we have Chinese PPI and CPI data for January, which are seen down 1.6% and up 2.4% YoY, respectively".
"That trend would suggest that there is still a gradual slowdown underway, as PPI would remain firmly in deflationary territory while CPI would be the lowest since May".
"We may also get key lending data for January, but sadly it’s looking like yet another weekend China release at this point".