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Overnight China is expected to show inflation levels easing with April CPI called lower at 5.2% from the previous print of 5.4%.

Posted by Aadil on May 10, 2011 at 10:41pm

China will also be reporting on producer prices, industrial production, and retail sales. Event risk mounts tomorrow with the Bank of England inflation report. Once again the dollar will remain vulnerable to developments out of Europe, with traders eyeing Thursday’s US retail sales figures.

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