Trading news

China's consumer price inflation to 2.1%

China

China's consumer price inflation dropped from 2.3% to 2.1% and did not meet the economists' predictions for stability at 2.3%.

China's PPI to 5.5%

The Chinese producer price inflation climbed from 3.3% to 5.5%. The analysts predicted the nation's PPI to rise to 4.5%.

Switzerland

Switzerland's rate of unemployment stabilized at 3.3% and matched the economists' and the analysts' estimations.

France

The French industrial production rose from -0.1% to 2.2%. The analysts predicted the nation's IP indicator to escalate 0.6%.

Gold

The precious metal, gold, climbed, today, to a six-week high, amid the U.S. dollar weakening following the uncertainty over the FED's rhythm on interest rates.

Silver, platinum, and palladium

Silver futures traded to $16.66 a troy ounce, shedding 0.1% or 0.2 cents, palladium reached the $761.33 an ounce rising 0.55%, and platinum approached the $977.65 falling 0.5%.

Brent and crude oil

Brent traded to $55.14 a barrel, and crude oil reached the $52.17 a barrel rising 0.4% or 20 cents.

U.S. dollar index

The U.S. dollar index traded to 101.72, 0.2% weaker, while previously having dropped as low as 101.48.

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Tuesday, 10 Jan, 2017 / 10:30

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-s-consumer-price-inflation-to-2.1

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