China should maintain its current monetary policy stance, despite registering negative price pressures in November, as the weakening inflation was largely caused by falling food prices while core demand remains strong, the China Securities Journal reported on Thursday, citing economists. “The PPI may strengthen in December and return to positive by Q1 after recording -1.5% in November, supported by stronger domestic demand,” the Chinese press added. China’s November Consumer Price Index (CPI) came in weaker at -0.5%, the first decline since Oct 2009. Related reads USD/CNY Price Analysis: Extends bounce off June 2018 low on downbeat China CPI AUD/USD holds 0.7400 despite mixed China inflation data amid mild risk-on 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/CAD Price Analysis: Holding onto critical support of 1.2760 amid oversold conditions FX Street 2 years China should maintain its current monetary policy stance, despite registering negative price pressures in November, as the weakening inflation was largely caused by falling food prices while core demand remains strong, the China Securities Journal reported on Thursday, citing economists. “The PPI may strengthen in December and return to positive by Q1 after recording -1.5% in November, supported by stronger domestic demand,” the Chinese press added. China's November Consumer Price Index (CPI) came in weaker at -0.5%, the first decline since Oct 2009. Related reads USD/CNY Price Analysis: Extends bounce off June 2018 low on downbeat China CPI AUD/USD holds 0.7400 despite… Regulated 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.
