This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

chinese March Inflation

Usually, CPI data from China primarily affects CNH, since it mostly has implications on PBOC policy.

But we aren’t in a “usual” situation. Just like many are looking at China for clues as to how the coronavirus outbreak will progress, many are also tracking the Asian Giant’s economic recovery.

Inflation is one of the many factors to consider in the aftermath of the outbreak as the world economy gets back to producing. The massive stimulus going around is going to take a toll on world currencies.

Depending on how central banks “sterilize” their asset purchases, we could see a major problem with inflation. That, at least, is according to traditional economic models.

Join our responsible trading community - Open your Orbex account now! 

China is Unique, as Usual

Just as their response to the coronavirus outbreak was different (a virtual dictatorship has population control tools at its disposal that more democratic countries don’t have), so too has...

To keep reading this article, please navigate to: Orbex Forex Trading Blog.