Trading news

China's consumer price inflation to 2.5%

China

China's consumer price inflation climbed from 2.1% to 2.5% and slightly missed the analysts' predictions for a rise to 2.4%.

China's CPI to 2.5% and Japan's IP to 0.7%

Japan

Japan's industrial production appreciated from 0.5% to 0.7%. The analysts estimated the nation's IP to rise 0.5%.

Germany

As per the Federal Statistics Office today, Germany's economy escalated in the last quarter of 2016 by 0.4%, with the growth in GDP being slightly weaker compared to the forecasts for a figure of 0.5%. The German overall growth for 2016 was the strongest in half a decade at 1.9%.

U.S. dollar extends losses

Today, the U.S. dollar expanded losses after Michael Flynn, national security adviser, quitted, while the traders wait for Janet Yellen's reaction later today.

The USD/JPY pair traded at 113.34 yen, weakening 0.3%, resuming though above the 114.17 zone, Monday's high.

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ArgusFX Review

Tuesday, 14 Feb, 2017 / 12:34

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-s-consumer-price-inflation-to-2.5

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