I posted a preview of the Reserve Bank of Australia yesterday. The TL;DR is watch the statement:
Reserve Bank of Australia meeting on Tuesday, December 10, 2024 – Statement/Bullock focus
As for China … sheesh … slipping back towards CPI deflation, PPI has been deflating for 26 months in a row:
China November CPI +0.2% y/y (expected +0.5%) PPI -2.5% y/y (expected -2.8%)China’s Inflation Data: November Trends and Projections
Still, maybe we’ll get something from this … come back in March for the details (seriously!)
China’s annual central economic work conference is set to convene this week
This article was written by Eamonn Sheridan at www.forexlive.com.
