How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
China’s level of leverage is heading north at an alarming pace
China’s official Xinhua news agency cited head of the People’s Bank of China’s research bureau, Xu Zhong as telling that China’s overall leverage level happens to be reasonable enough, but it’s ascending at rather an alarming tempo. That’s especially true for the financial sector. Therefore, the Chinese government has to get down to deleveraging at the right pace for the purpose of reducing financial sector debt and also avert systemic financial risk.
Relatively high levels of stimulus spending from government got along with quite poor corporate management as well as financial supervision. They turned to be the major factors causing ascending levels of leverage. The Chinese authorities expect to achieve financial security via reforms, and not bail-outs.
Some financial analysts suggest that the government require sticking to neutral and prudent monetary policy. They also expect the Chinese authorities to reduce emphasis on surge objectives and instead improve the corporate sector.
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Will CPI push USD higher?
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Will oil change the trend after OPEC meetings?
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
Latest news
What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Can the UK CPI surprise?
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
