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Inflation Data To Steal Limelight

FOREX

Little to rock the boat in Asia so far, with major G10 currency pairs happy to hold very tight ranges. Spot USD/CNH sits marginally below neutral levels/yesterday's low, as we await the release of Chinese inflation data at the bottom of the hour. Consensus looks for a slight moderation in the pace of both consumer and producer price growth.

  • Later in the day, all eyes will be on U.S. CPI report, which will feed into the ongoing discussion on the most likely Fed tightening path.

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