China’s consumer inflation accelerated to 1.2% in April, surpassing expectations and marking the highest level since September 2023. China’s Consumer Price Index increased 1.2% year-over-year in April, up from 1.0% in March, according to official data. The print exceeded t
China’s consumer inflation accelerated to 1.2% in April, surpassing expectations and marking the highest reading since September 2023. China’s Consumer Price Index increased 1.2% year-over-year in April, above the 0.8% consensus estimate and up from March’s 1.0% rise. The
Oil markets rise sharply as President Trump rejects Iran’s peace offer, fueling supply concerns amid geopolitical tensions. Brent crude surged 3.33% to $104.60 per barrel in early Asian trading Monday after President Trump rejected Iran’s response to a U.S.-drafted peace p
China’s consumer prices rose faster than expected in April, signaling potential demand recovery amid economic reopening. China’s consumer price index increased 1.2% year-over-year in April, up from 1.0% in March, the National Bureau of Statistics reported. The print surpas
China's April CPI rises 1.2% year-over-year China's inflation data for April 2026 shows a 1.2% year-over-year increase. The prior print was 0.5%, and the expected rate was 0.8%. The inflation impact on valuations is being eyed by traders, with the PBOC sett
PBOC sets daily reference rate below Reuters estimate, signaling modest depreciation pressure on the yuan. The People’s Bank of China set the USD/CNY reference rate at 6.8467, slightly stronger than Friday’s 6.8502 but weaker than the 6.7988 Reuters estimate. The fix guide
China’s central bank sets the daily yuan reference rate above market expectations, signaling potential depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8467, compared with a forecast of 6.7988. The yuan is permitted to trade within a 2%
The Australian Dollar remains under pressure as traders await China’s Consumer Price Index figures for market direction. The Australian Dollar traded around 0.7240 against the USD during Asian hours, remaining in negative territory despite a modest rebound from a bearish o
The Australian Dollar remains under pressure near 0.7240 USD as traders await China’s April CPI and PPI figures. The AUD/USD pair traded around 0.7240 during Asian hours, remaining in negative territory despite early gains. Investors are focused on China’s upcoming Consume
The pair rebounds 50 pips in Asian trading but struggles near 1.3600 as geopolitical risks and Fed policy support the USD. The GBP/USD pair erased early losses, climbing nearly 50 pips to reclaim the 1.3600 level during Asian trading. The recovery follows a bearish gap at
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