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Deflationary Pressure in China is Materialising in May
China’s Consumer price index (CPI) grew by 2.4% y/y, compared to 3.3% y/y in the previous month
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Industrial Production in the Euro Area Contracts at the Fastest Rate Ever
Industrial Production in the Euro Area continues its free-fall in April
Articles
Will COVID-19 Delay the RMB Internationalisation?
The headwinds caused by COVID-19 could be offset by the continued opening up of China’s financial market, macroeconomic stability and the gradual progress towards wider use of the RMB
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New loans in Brazil decline in April
New loans in Brazil declined by 2.89% y/y to BRL 295bn in April 2020
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Brazil’s preliminary inflation slows down in May
The Extended National Consumer Price Index 15 (IPCA-15) decreased by 1.96% y/y in May
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FDI in Brazil drops in April 2020
Foreign direct investment (FDI) in Brazil fell to USD 234mn in April 2020
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Weaker RMB signals market worries about the China-US relations
The RMB was heading to an exchange rate against the US dollar at around 7.2, as the tension between China and the US escalated