According to analysts at TD Securities, there were no surprises from the China CPI data released this morning as the 1.9% y/y increase in June was in line with consensus (previous 1.8%). Key Quotes “CPI has been well contained over recent months and shows little sign of pushing higher. Core CPI rose 1.9% y/y. China is likely to continue its targeted easing path, with a PBoC adviser quoted (China Daily) as stating that there is still room for further liquidity injection in the short term. This could take the form of further RRR cuts in our view.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY clings to gains above 111.00 mark, near 1-1/2 month tops FX Street 3 years According to analysts at TD Securities, there were no surprises from the China CPI data released this morning as the 1.9% y/y increase in June was in line with consensus (previous 1.8%). Key Quotes "CPI has been well contained over recent months and shows little sign of pushing higher. Core CPI rose 1.9% y/y. China is likely to continue its targeted easing path, with a PBoC adviser quoted (China Daily) as stating that there is still room for further liquidity injection in the short term. This could take the form of further RRR cuts in our view." Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
