Chinese inflation remains stable

Source: WBP Online
© FP
The Chinese CPI proved its stability with a 2.3% year-on-year increase for the third consecutive month. The growth in consumer prices is fuelled by an increase in demand as well as more expensive food and fuel, with pork prices being a major contributor with a 30% surge over the last year.
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Tue, 10 May 2016 10:50:04 GMT

German industrial output takes a hit

The data release on German factories, mines and utilities showed a 1.3% drop in the seasonally adjusted monthly output, falling short of analyst expectations of a 0.2% decline. This puts the German industrial output on course to a 0.3% yearly rise, aggrieving analysts who forecast a 1.1% advance.

Mon, 09 May 2016 15:56:14 GMT

Kiwi drops 0.8% against Greenback

The recent disappointing Chinese trade data put pressure on the Aussie and Kiwi. The New Zealand Dollar traded 0.8% lower at $0.6780 against the US Dollar by 15:00 GMT on the New York Stock Exchange on Monday, whereas the Greenback increased 0.2% to 94.04 points.

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