Market Comment | Mild rally in financial markets fuelled by oil rebound
Published on Monday, April 11, 2016
Market Comment | Mild rally in financial markets fuelled by oil rebound
Summary
Positive macroeconomic data in China. China’s CPI in March remained unchanged unexpectedly against the previous month at 2.3%YoY (consensus: 2.4%YoY). The decreasing prices of transport and communication were offset by increasing food prices. Meanwhile, the pace of deflation in producer prices (PPI) dropped in relation to the previous month, dropping less-than-expected (by -4.3%YoY; consensus: -4.6%). […]
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BBVA Research
BBVA Research
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