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China SAFE said to double Qualified Foreign Institutional Investors program

In its latest efforts to spur the economic growth, the State Administration of Foreign Exchange (SAFE), the Chinese fx regulator, announced on Monday that it plans to double the Qualified Foreign Institutional Investors (QFII) quota to USD 300 billion  

No additional details are provided on the same.

China data trigger global growth fears, sends NZD/USD down to 50-hour MA support

The NZD is being offered in response to the below-forecast China import and export growth figures. The Kiwi dollar is currently trading at the 50-hou
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NZ: Monthly Inflation Gauge fell 0.1% in December - ANZ

Liz Kendall, senior economist at ANZ, points out that New Zealand economy’s ANZ Monthly Inflation Gauge fell 0.1% m/m (+2.3% y/y) in December. Key Qu
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