China's deflation anticipated room for further monetary easing

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Source: Bloomberg
Economists expect China to adopt monetary easing policy in order to recover and gain its credibility once again, as the deflation deepened and the CPI's pace of growth reached the slowest level since 2009 – 1.4% in November against the increase of 1.6% in October. Moreover, the producer price index fell to 2.7% in November from the previous year.
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Wed, 10 Dec 2014 10:30:56 GMT

Euro remains exposed to depreciation against US Dollar

The Euro negated today's early gains against the US Dollar after the currency started the day strong, reaching the level of $1.2400. This weakness is largely attributed to the uncertainty ahead of two ECB members' speeches and to the disappointing France industrial production data.

Tue, 09 Dec 2014 12:54:04 GMT

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