{"id":48208,"date":"2014-03-07T12:55:24","date_gmt":"2014-03-07T17:55:24","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=48208"},"modified":"2014-03-06T12:57:59","modified_gmt":"2014-03-06T17:57:59","slug":"cny-key-reports-coming","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/07\/cny-key-reports-coming\/","title":{"rendered":"CNY: Key Reports Coming Up"},"content":{"rendered":"<p>NBS will release the China\u2019s February CPI and PPI reports on March 08.\u00a0Analysts have predicted a decline in the CPI reading.\u00a0PPI registered 23<sup>rd<\/sup> consecutive decline in January.\u00a0USD\/CNY may test 6.175, if February CPI reports miss expectations. Given the way things look, the USD\/CNY will likely face two difficult hurdles near 6.175 and 6.217. Being that China is the largest consumer of many commodities in the world, a PPI reading lower than what&#8217;s forecasted will be bearish for silver, gold, copper and crude oil. Chinese developments that are positive often cause commodities to rally.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"usd\/cny\" src=\"http:\/\/www.economiccalendar.com\/wp-content\/uploads\/2014\/03\/usd-cny-daily.jpg\" width=\"592\" height=\"249\" \/><\/p>\n<p>Written by Daniel Elo, Analys for <a title=\"http:\/\/www.economiccalendar.com\/\" href=\"http:\/\/www.economiccalendar.com\/\">www.EconomicCalendar.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NBS will release the China\u2019s February CPI and PPI reports on March 08.\u00a0Analysts have predicted a decline in the CPI reading.\u00a0PPI registered 23rd consecutive decline in January.\u00a0USD\/CNY may test 6.175, if February CPI reports miss expectations. Given the way things look, the USD\/CNY will likely face two difficult hurdles near 6.175 and 6.217. Being that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/07\/cny-key-reports-coming\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CNY: Key Reports Coming Up&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-48208","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=48208"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}