<p>Mizuho on the People's Bank of China – saying that the Bank has its policy hands tied. </p><p>Despite the twin bogeys of deflation and the absence of significant demand
This morning brings the release of Non-farm Payrolls for the month of January and interest is high as the USD has seen a precipitous price decline ahead of the release.
<p>PPI isn't always a market mover but inflation fears are back in the air with the recent rise in bond yields so today could be an exception. PPI is expected up 0.3% m/m and 1.6% y/y.</
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