NAB – The Morning Call · Transmission and inflation – the two concerns

Transmission and inflation – the two concerns

Friday 10th December 2021

Things 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’s Ray Attrill says China’s consistently high producer prices don’t bode well. Also today, how China is trying to stop the appreciation in the Yuan and what to expect from the UK’s GDP number tonight.

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