<p>The headlines from the People's Bank of China are here, the Bank's statement came as Ueda was rocking the yen-carry traders and after the Bank handed down a strong CNY fixing, stron
<p>A slightly-hot producer price index reading has caused an outsized reaction in the FX and fixed income markets.</p><p>PPI was at +0.3% m/m compared to +0.2% expected but you would
<ul><li>There is more policy lag in the pipeline from past hikes</li></ul><p>The market isn't pricing in any further ECB hikes.</p> This article was written by
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