A heads up for the Chinese inflation data today, due at 0130GMT

It's the September readings for both CPI and PPI

  • CPI, expected is +1.8% and prior was 2.0%
  • PPI, expected is -5.9% and prior was -5.9% also

While inflation is a key concern of the PBOC, and all central banks, at its current rate in China its viewed as not being an issue. Food prices (pork and fresh foods) have been moving higher, with other items on balance heading sideways.

Unless the result comes in at some shock, the data today is unlikely to be much of an immediate focus.