Chinese Inflation Rate MoM (Apr) M/M 0.3% vs. Exp. -0.1% (Prev. -0.7%)
The Chinese inflation rate showing a month-on-month increase of 0.3%, compared to expectations of a -0.1% decrease, indicates stronger-than-anticipated consumer demand and pricing power.
Iranian official says that Iran's response to the US plan is realistic and positive, according to Al Jazeera
BoJ appoints Masaki as Executive Director for International Affairs, overseeing BoJ Global Research and G7/G20 liaison
Chinese Inflation Rate MoM (Apr) M/M 0.3% vs. Exp. -0.1% (Prev. -0.7%)
PBoC injects CNY 0.5bln via 7-day reverse repos with rate maintained at 1.40%
PRE-MARKET CHINESE STOCKS NEWS: Chinese trade data topped forecasts, while attention turns to inflation data
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This development may signal a shift in the inflation outlook, potentially influencing policy decisions from the PBOC and affecting perceptions of economic recovery in the region.
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