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Forex Flash: Chinese data dump to follow – BBH

By FXstreet.com,  January 07, 2013, 09:34:00 AM EDT

FXstreet.com (Barcelona) - China´s monthly data dump begins in the second half of the week and the analysts at Brown Brothers Harriman are on balance, expecting more evidence that the world's second largest economy has stopped slowing, even if the lift is still modest.

They write, "Renminbi loans may have increased slightly in December from November's almost CNY523 bln gain. An increase in both exports and imports would also lend credence to ideas that there is an underlying improvement taking place. A CPI reading around November's 2% y/y rate would maximize the official room to maneuver."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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