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Expert's opinion from FXFinPro

Investors' attention is focused on the data from China, due to the lack of publication of important statistics in the United States. Today was published a report on inflation in China, according to which the consumer price index growth in October slowed to 1.3% compared with the same month in 2014. In September, the rate was 1.6%, and analysts forecast a drop in October to 1.5%. The main reason for the decrease in the index was the drop in food prices. Weak inflation indicates a problem with demand and stimulates the People's Bank of China to further easing of monetary policy in the country. Tomorrow we should pay attention to the news on industrial production and retail sales in the country. Our medium-term outlook for the Chinese market remains positive, but investing in Chinese assets is risky.

More detailed analytics You can see at our site https://fxfinpro.com/en/analytics

Tuesday, 10 Nov, 2015 / 12:28

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