Transmission and inflation - the two concerns
Friday 10th December 2021Things were definitely a bit quieter overnight, with markets stepping back a little as they wait to figure out just what impact Omicron is having, and which way inflation is heading. We get the latest indication on the latter with US CPI number out tonight, but NAB\u2019s Ray Attrill says China\u2019s consistently high producer prices don\u2019t bode well. Also today, how China is trying to stop the appreciation in the Yuan and what to expect from the UK\u2019s GDP number tonight.
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