Wednesday Morning Notes: Commodities In Play – Morning Notes

– China CPI came in higher than expected- Shanghai Comp closed down small, 20bps
– Industrial Production and Retail Sales both came in higher than expected
– Hang Seng reopened today, also closed down 20bps
– Nikkei outperformed, however, closing up 50bps
– Toyota earnings after Nikkei market close- the company reported weak figures
– Germany’s EU Harmonized CPI also came in higher than expected

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