China Fixed Asset Investment (YTD) (YoY) registered at 3.4%, below expectations (3.5%) in August

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CNY: What’s been driving a stronger renminbi? – MUFG

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The main economic data release overnight was the latest CPI report from China for July, MUFG FX analyst Lee Hardman notes. USD/CNY rises back towards the 7.1800 level “The report revealed that headline inflation picked up modestly by 0.3 points to 0.5% in July. The core measure on inflation fell to 0.4% in July from […]