China’s NBS expects CPI to remain benign in next few months

More headlines crossing the wires from China National Bureau of Statistics (NBS), via Livesquawk, with the Chinese stats provider this time making comments on the inflation outlook for next year.

Key Headlines:

Expects CPI to remain benign in next few months

Inflation pressure not high in 2017

China’s NBS: Can keep yuan basically stable against basket of currencies

Spokesperson from China National Bureau of Statistics (NBS) was on the wires last minutes, via Reuters, commenting on the fx reserves and domestic cur
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EUR/USD - Rejected at 5-DMA despite ‘outside day’ candle

Despite Monday’s outside day/engulfing candle, the EUR/USD pair failed to sustain gains above the 5-DMA level of 1.0640 levels in the Asian session. 
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