Chinese Inflation Rate YoY (Apr) Y/Y 1.2% vs. Exp. 0.8% (Prev. 1%)
The Chinese inflation rate came in at 1.2% year-over-year for April, surpassing expectations of 0.8% and slightly above the previous year's 1%.
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 YoY (Apr) Y/Y 1.2% vs. Exp. 0.8% (Prev. 1%)
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 stronger inflation print could signal rising price pressures in China, potentially affecting monetary policy decisions and influencing central banks' stances globally, particularly concerning growth and inflation interplay.
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