Daily Archives: Jun 9, 2012

This week on beyondbrics:

China comes out with surprise rate cut; Vietnam also cuts; Brazil is likely to cut further after getting hit by a downpour of negative data while the rest of Latin America sits tight; but that is not preventing investors from taking flight. Elsewhere, Africa takes a second shot at commodities trading; EU gets on Russia’s case; demand for Islamic bonds grows; and who knew: CEE has fracking potentialContinue reading »

So China’s May data is going to be bad, that much we know following Thursday’s surprise rate cut. But just how bad are the numbers going to be?

China is scheduled on Saturday to report May consumer price inflation (CPI) and producer price index (PPI) numbers. Industrial production, fixed assets investment and retail sales numbers for May are due Sunday. Here is what the market is expecting: Continue reading »