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China CPI lowest since November 2009

FXStreet (Bali) - China Consumer Price Index (YoY) came at 1.6% in September, which is slightly below expectations of 1.7%, and represents lowest since November 2009. The number was well below the 3.5% government target. Meanwhile, China Producer Price Index (YoY) posted -1.8% vs -1.6% expected.

GBP/USD slipping through the net of the 1.59 handle

GBP/USD is trading at 1.5882, down -0.14% on the day, having posted a daily high at 1.5909 and low at 1.5879.
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China Consumer Price Index (MoM) registered at 0.5% above expectations (0.4%) in September

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