Global markets started to rise with the commodities with predicted inflation rate of China after the surprising decrease on export of China. MSCI ACW Index stopped its three days decrease after declaring the report of China's producer prices are increasing for the first time since 2012. Bonds started to fell with this data and the oil market is protecting its one month positive trend. Many traders on the market have increased the more risky value of the assets by reducing concerns about the Chinese inflation data’s deflation pressures with some positive expectations on Chienese economy. Generally, the market is waiting for FED Chairman Janet Yellen’s speech about increasing wholesale and retail prices with interest rate data on the market. For the short term, there may be some postive signals about commodities and gold which are predicting by economists on the global forex market.
- Date: 15 October 2016 Sat 11:08
- Last Added
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