Due at 0130GMT: China CPI & PPI for November
- CPI: For the y/y, expected is +1.6%, prior was +1.6%
- PPI y/y: expected is -2.4%, prior was -2.2%
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It was a volatile day in China yesterday …
- Yuan heading for biggest decline in 6 years today
- Shanghai composite index closes down 5.4% at 2856.27 biggest one day % fall since Aug 2009
No reason to expect any less volatility today.